US bond yields fall as economic data signals a cooling job market

jp.reuters.com (Japanese)

US bond yields fell, with the 2-year yield hitting a four-week low, as economic data suggested a softening labor market ahead of January jobs figures. Two economic indicators released on Thursday indicated a cooling job market. Initial jobless claims rose, and job openings in December reached their lowest point since September 2020. Traders are now anticipating two Federal Reserve rate cuts this year, with the first likely in June, as they weigh labor market risks against growth prospects and inflation concerns.


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US bond yields fall as economic data signals a cooling job market | News Minimalist