Treasury yields rise ahead of the US jobs report, with many markets closed for the holiday

City says 7,000 summer jobs are available for Boston youth ages 14 to 18

Treasury yields rose on Friday ahead of the release of the US Nonfarm Payrolls, while many markets are closed for the Easter holiday and US markets trade in a half day. Investors will evaluate labor market data to monitor possible reactions from the Federal Reserve and the possibility of a recession.

return on the standard 10-year Treasury bonds It was 1.5 basis points higher at 3.305%, while the two-year rate was 1.8 basis points higher at 3.839%.

Yields move inversely to prices.


specific a company fruit changes % is changing
US1M US Treasury for one month 4.509% -0.057 0.00%
US3M US Treasury for 3 months 4.939% +0.054 0.00%
US6M US Treasury for 6 months 4.918% -0.027 0.00%
US1Y US Treasury for a year 4.62% +0.108.0000.00 0.00%
US2Y US Treasury for two years 3.931% +0.11 0.00%
US10Y US Treasury for 10 years 3.353% +0.063 0.00%
US30Y US Treasury for 30 years 3.577% +0.037 0.00%

Recent weak US data is prompting fears of a slowdown. The US Jobs and Unemployment Rate report is due out on Friday, but with many markets closed or in the shadow of a half day, reactions may be muted.

Signs of a slowing economy so far include weaker numbers on private payrolls and the US services sector, revealing a slowdown in hiring and spurring speculation among traders that the Federal Reserve may pause its rate hike cycle next month.

On Thursday, the Labor Department reported that jobless claims for the week ending April 1 came in at 228,000, indicating increasing pressure on the labor market. Economists had expected the figure to be 200,000, according to a Dow Jones survey.