Treasury yields trade nearly flat after jobless claims, gdp data

Treasury yields trade nearly flat after jobless claims, gdp data

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Treasury yields were trading nearly flat Thursday morning, as investors weighed fresh data on jobless claims and U.S. economic growth. The yield on the 10-year Treasury note was up less than 1 basis point at around 4.48%, while the 2-year Treasury rate shed about 1 basis point to around 3.98%, according to FactSet data, at last check. Initial jobless claims increased 14,000 to 240,000 in the week ending May 24, according to a report Thursday from the Department of Labor released at 8:30 a.m. Eastern. That’s above the 230,000 claims forecast by economists polled by the Wall Street Journal.

Treasury yields were trading nearly flat Thursday morning, as investors weighed fresh data on jobless claims and U.S. economic growth. The yield on the 10-year Treasury note was up less than


1 basis point at around 4.48%, while the 2-year Treasury rate shed about 1 basis point to around 3.98%, according to FactSet data, at last check. Initial jobless claims increased 14,000 to


240,000 in the week ending May 24, according to a report Thursday from the Department of Labor released at 8:30 a.m. Eastern. That’s above the 230,000 claims forecast by economists polled by


the Wall Street Journal.