Bonds Slightly Higher

Bonds Slightly Higher

Action Economics: Treasury yields followed stocks lower from the outset Wednesday and the dip in the ISM services index hasn't added much to the bullish mix, especially since the prices paid index rose, as did the employment index. Both of those firmer sub-indices could give the bulls a little pause ahead of Friday's payrolls report. The 10-year yield according seems to be finding some support ahead of 4.50%, amid risk of getting overextended ahead of Friday's data.

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