Reply To: Traders Market Weekly: Treasury Debt and Central Bank Balancing Act

#68503
Truman
Participant

Q3 Productivity Report was revised up to 5.2% (Briefing.com consensus 4.8%) from 4.7% and was paired with a downward revision for unit labor costs to -1.2% (Briefing.com consensus -0.8%) from -0.8%.

Treasury yields turned slightly lower in response to the data.

The 2-yr note yield, at 4.59% just before the ADP data, sits at 4.57% now.
The 10-yr note yield, at 4.18% just before the ADP data, sits at 4.14% now.