US Treasury yields were little changed on Friday after a volatile week, as investors awaited the August nonfarm payrolls report for signals on the Fed’s rate path. The 10-year Treasury yield held near 4.76% and was up 5 basis points over the past five trading days.
Earlier in the week, the benchmark yield touched a three-year high as energy prices climbed and Fed Chair Warsh delivered hawkish remarks. Treasury prices later rebounded and yields eased after Fed Governor Waller said on Thursday that inflation could slow. Markets expect the August payrolls report, due at 20:30 Beijing time, to show roughly 56,000 jobs added.
Treasury Yields Steady as Markets Await August Payrolls Report
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