Tuesday, February 3, 2026 at 11:09 AM
Treasury yields increased after Monday’s ISM manufacturing PMI data provided reassurance regarding the economic strength of the U.S.
Treasury yields rose slightly ahead of ISM services PMI data and the Treasury’s quarterly refunding announcement.
The 10-year Treasury yield was higher. GivTrade said a stronger-than-expected January payrolls print could bolster yields.
Treasury yields declined as the November U.S. trade deficit widened more than expected and government officials moved to avoid another shutdown.
The 10-year Treasury yield rose while the two-year declined ahead of an expected Fed pause on interest-rate cutting and amid an extended weakening of the dollar.
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