U.S. treasury yields inched higher on Wednesday as investors anticipated further labor data due this week.
10-year TreasuryInvestors are expecting more labor data this week with the ADP Employment Change report for November due to be published on Wednesday.
The report shows a measure of private sector job growth in the U.S. and is estimated to show growth ofpublished on Tuesday showed that 7.74 million job openings were posted in October, up from September, and beating Dow Jones estimates of 7.5 million.Investors are keenly awaiting the November jobs report which will be published on Friday — the key economic release due this week.
Federal Reserve Chairman Jerome Powell will also be giving a speech in New York in a moderated discussion on Wednesday, which investors will monitor closely for clues about interest rate policy.New Jersey
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