Treasury Yields Pause Selloff Ahead of Jobs Report
Treasury yields fell ahead of the September U.S. jobs report, with economists anticipating a slowdown in job creation. The Treasury also conducted a buyback of long-term bonds.
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US 30-year Treasury yield hits highest since mid-May 2004
US Treasury yields rose ahead of inflation and jobs data, with the 30-year yield touching its highest level since mid-May 2004. The 10-year and 2-year yields also firmed as traders priced a higher chance of an October Fed hike.