Treasury yields hold near highs ahead of US jobs data
Treasury yields hover near multi-year highs as investors await the upcoming US payrolls report. Meanwhile, European markets face pressure from French fiscal concerns and a weakening euro.
Xurve View
Insights:
Xurve View
Treasury yields hit 24-year highs of 5.34% in United States following a bond rout. Investors now weigh whether fixed-income assets can sustain a rare two-day rebound. The trajectory hinges on upcoming labor market data after the worst quarterly rise in 32 years.
