Yields for long-dated U.S. government debt edged up Friday, as investors awaited the August employment report which could provide the clearest picture of the health of the labor market and prove a guide to when the Federal Reserve begins to reduce its bond purchases.
The jobs report will be released at 8:30 a.m. Eastern Time.
What yields are doing?
The 10-year Treasury note yields 1.302%, versus 1.293% on Thursday at 3 p.m. Eastern Time. Yields for debt move opposite to price.
The 30-year Treasury bond rate was at 1.916%, compared with 1.906% a day ago.
The 2-year Treasury note was yielding 0.208%, compared with 0.212% Thursday.
For the week, the 10-year is down 0.9 basis point, the 30-year Treasury was little changed over the period, down 0.1 basis point, while the 2-year was down 0.7 basis point, according to FactSet data based on the last Friday’s close at 3 p.m.
By Mark DeCambre