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The U.S. non-farm employment data weakens the yield of U.S. bonds and the dollar

The U.S. non-farm employment data weakens the yield of U.S. bonds and the dollar

Bitget2024/12/06 14:02

On December 6, US bond yields and the dollar fell as US employment data did not surprise as many had anticipated. These figures may still reflect the impact of hurricanes, Boeing strikes, and the US election, making it harder to understand how these factors will drive the Federal Reserve's interest rate decision in December. Inflation data will be released next week. The yield on 10-year government bonds was 4.171%, while that on 2-year bonds was 4.114%. The dollar index reversed its trend, falling by 0.1% during the day.

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