Reported about 6 hours ago
The US Treasury market is experiencing its most significant monthly gain since July, with the 10-year note's yield dipping to a low of 4.22%. This rally comes ahead of important economic data, including January's personal consumption expenditures and the upcoming labor report, which could shape the Federal Reserve's future interest rate decisions. Analysts suggest that further decreases in yields are possible if the Fed shifts focus towards growth in light of potential softening in hiring trends.
Source: YAHOO