The lower-than-expected employment data had little impact on demand for US Treasury bonds, and US Treasury yields continued to decline. ADP reports that the number of people employed in the private sector increased by 41,000 in December, while the Wall Street Journal survey estimated an increase of 48,000. ADP's November data was revised to reduce the number of people by 29,000, compared to the previous value of a decrease of 32,000 people. The job vacancy and labor mobility survey report is scheduled to be published at 10 a.m. EST. Tomorrow, the number of people applying for unemployment benefits for the first time each week is expected to rise from 199,000 to 210,000. The December employment report will be released on Friday. The 10-year yield was 4.136%, and the two-year rate of return was 3.455%.

Zhitongcaijing · 6d ago
The lower-than-expected employment data had little impact on demand for US Treasury bonds, and US Treasury yields continued to decline. ADP reports that the number of people employed in the private sector increased by 41,000 in December, while the Wall Street Journal survey estimated an increase of 48,000. ADP's November data was revised to reduce the number of people by 29,000, compared to the previous value of a decrease of 32,000 people. The job vacancy and labor mobility survey report is scheduled to be published at 10 a.m. EST. Tomorrow, the number of people applying for unemployment benefits for the first time each week is expected to rise from 199,000 to 210,000. The December employment report will be released on Friday. The 10-year yield was 4.136%, and the two-year rate of return was 3.455%.