The UST10-Year yield is at 1.740% this morning after closing at 1.737% yesterday.
Treasury yields are relatively unchanged this morning after the September jobs report came in near market expectations. Change in Nonfarm Payrolls is 156K vs. 172K expected but the previous month's number was revised up by 16K to 167K. The private sector gained 167K jobs while manufacturing sector jobs declined by 13K. The unemployment rate currently stands at 5.00% vs. 4.90% in the previous month.
Next week's economic data focus will be on the release of the minutes from September's FOMC meeting on Wednesday.
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Treasury yields are relatively unchanged this morning after the September jobs report came in near market expectations. Change in Nonfarm Payrolls is 156K vs. 172K expected but the previous month's number was revised up by 16K to 167K. The private sector gained 167K jobs while manufacturing sector jobs declined by 13K. The unemployment rate currently stands at 5.00% vs. 4.90% in the previous month.
Next week's economic data focus will be on the release of the minutes from September's FOMC meeting on Wednesday.