US Yields Hold Declines After Jobless Numbers

U.S. Treasury yields held at lower levels on Thursday as the latest domestic data on first-time filings for jobless benefits and advance goods balance didn’t change traders’ view on a moderate rebound in U.S. economic growth in the second quarter.

At 8:35 a.m. (1235 GMT), benchmark 10-year government note yield was 2.257 percent, down 0.9 basis point from late on Wednesday, while the 30-year bond yield was 2.928 percent, 0.7 basis point lower than Wednesday’s closer

Reuters

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Dean Popplewell

Dean Popplewell

Vice-President of Market Analysis at MarketPulse
Dean Popplewell has nearly two decades of experience trading currencies and fixed income instruments. He has a deep understanding of market fundamentals and the impact of global events on capital markets. He is respected among professional traders for his skilled analysis and career history as global head of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean has played an instrumental role in driving awareness of the forex market as an emerging asset class for retail investors, as well as providing expert counsel to a number of internal teams on how to best serve clients and industry stakeholders.
Dean Popplewell
Dean Popplewell

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