Bond Yields Hold Near Two-Month Low After Weak ADP Jobs Report
- Traders wait for non-farm payroll data ahead of Fed meeting
- ADP, ISM Service data send mixed signals about US economy
Yields across the curve fell about 2 basis points.
Photographer: Mark Kauzlarich/BloombergThis article is for subscribers only.
Ten-year Treasury yields held near their lowest level since early April after a private jobs report and a service sector gauge painted a mixed picture about the state of the economy ahead of government payroll data on Friday.
Yields were little changed across the curve, with two-year notes trading at 4.76% and 10-years at 4.33%, both near the low-end of their ranges over the past two months, according to data compiled by Bloomberg.