10-year Treasury yield hovers close to highest level since April as investors await key jobs data

By CNBC   |   4 days ago
10-year Treasury yield hovers close to highest level since April as investors await key jobs data

One basis point equals 0.01%, with yields and prices moving inversely. Investors await December's nonfarm payrolls report, crucial for the U.S. economy's health and the Federal Reserve's interest rate decision. Expectations are for 155,000 job additions and a 4.

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