Reported 25 days ago
U.S. Treasury yields increased as traders adjusted for upcoming risks including the presidential election, anticipated interest rate cuts, and significant debt auctions. An October jobs report revealed only 12,000 jobs added, much lower than expected, strengthening the belief that the Federal Reserve will lower rates in their upcoming meetings. Amid growing uncertainties, volatility in the bond market has risen, reflecting traders' cautious stance ahead of crucial economic events.
Source: YAHOO