Reported about 11 hours ago
U.S. Treasury yields dropped to their lowest levels in five months following a disappointing jobs report that revealed only 22,000 jobs were added in August, leading investors to believe that the Federal Reserve will cut interest rates soon. The 10-year yield fell to 4.08%, while the 2-year yield decreased to 3.47%. This weak performance raises doubts about economic growth and supports predictions for forthcoming rate cuts as indicators of an impending adjustment by the Fed.
Source: YAHOO