U.S. Treasury yields climbed Thursday as investors awaited key economic data and assessed the interest rate outlook.
Yields and prices move in opposite directions and one basis point equals 0.01%.Investors looked ahead to key data points that could provide fresh insights into the state of the economy, especially the labor market, due on Thursday and Friday. ADP's employment report, JOLTs job openings and weekly initial jobless claims figures are expected Thursday, while June's jobs report is slated for Friday.
The data could therefore inform the Fed's next interest rate policy moves, especially the pace at which rates may be increased. Powell said last week that he would not rule out the possibility of hiking rates at consecutive meetings. This marked a shift in tone compared to his previous comments that had suggested a slower pace of rate increases was likely, a sentiment his fellow policymakers also held at their last meeting, according toThe minutes also reiterated that despite the Fed leaving rates unchanged in June, the majority of officials are expecting further rate hikes.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
2-year Treasury yield dips as investors await Fed meeting minutesU.S. Treasury yields were little changed on Wednesday as markets reopened after the July 4 holiday.
Consulte Mais informação »
Treasury yields dip after soft China data and ahead of Fed minutesA weaker-than-expected survey of China's service sector has sparked renewed concerns early Wednesday about the pace of global economic growth and encouraged...
Consulte Mais informação »
Meta Set to Launch Twitter Rival ‘Threads’ on ThursdayMeta’s Twitter-rival app Threads is set to launch Thursday in what could prove to be the biggest challenge yet to Elon Musk’s social media platform since his takeover last year.
Consulte Mais informação »
Threads, a potential rival to Twitter, to launch ThursdayThreads is joining the crowded social media landscape as Twitter undergoes numerous changes on its platform.
Consulte Mais informação »
Austin weather: Spotty showers possible Wednesday, ThursdayEnjoy the cooler temperatures and potential for rain while it lasts. More 100+ degree days are just around the corner. Carlo Falco has details in his full forecast.
Consulte Mais informação »
Art on THE MART to highlight Chicago Black Dance Legacy Project starting Thursday'Juxtaposing forms ranging from ballet, modern, tap, traditional African dance, Chicago-born footwork, and more, the commission will deliver an incomparable demonstration of the depth and breadth of Chicago's Black dance community.'
Consulte Mais informação »