U.S. Treasury yields remain stable as investors gear up for crucial economic indicators this week, particularly focusing on the labor market. Reports on job openings, private payrolls, and nonfarm payrolls will provide valuable clues about the economy's health and potentially influence the Federal Reserve's monetary policy decisions regarding interest rates.
U.S. Treasury yields were little changed on Tuesday as investors awaited the latest key data that will provide fresh insights into the state of the economy and the labor market .A series of key economic data points are slated for publication this week, with the state of the labor market coming into focus.Tuesday will see the release of ISM's latest PMI report for the services sector as well as the Job Openings and Labor Turnover Survey (JOLTs).
Economists surveyed by Dow Jones are expecting it to reflect 7.7 million job openings. ADP's private payrolls report will then follow Wednesday and is forecast to show that 130,000 jobs were added in December, before the December jobs report from the Bureau of Labor Statistics is expected Friday. That will include nonfarm payrolls data as well as the unemployment rate in the U.S. Investors will be paying close attention to the data as it could influence their view on the potential outlook for monetary policy, specifically interest rates. It comes after the central bank in December suggested less interest rate cuts were on the horizon ahead of its next meeting on Jan. 28-29.The Fed is widely expected to leave rates unchanged then, with traders last pricing in an around 93% chance of interest rates being kept steady according to Minutes from the Fed's December meeting are set to be released Wednesday and investors will be scanning for those for additional insight into policymakers' thinking and their expectations for the economy
Economy Interest Rates Federal Reserve Labor Market Economic Data
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTSE 100 Rises as Investors Await Key Economic DataThe FTSE 100 opened higher on Monday despite a mixed sentiment in global markets. Investors are cautiously optimistic ahead of the key December jobs report in the US, which will provide crucial insights into the direction of the Federal Reserve's monetary policy. Meanwhile, cryptocurrencies are facing pressure after a recent surge in value.
Read more »
Investors Await Key Economic Data for Insights on Labor Market and Monetary PolicyU.S. Treasury yields remain stable as investors anticipate crucial economic data releases that will shed light on the labor market and economic conditions.
Read more »
U.S. Treasury Yields Steady as Investors Await Key Economic DataInvestors are closely watching upcoming economic indicators, including job market data and the Fed Minutes, for clues about future interest rate decisions.
Read more »
US Treasury Yields Steady as Investors Await Key Economic DataInvestors are closely watching for economic data releases this week, particularly regarding the labor market, which could influence the Federal Reserve's monetary policy decisions.
Read more »
Investors Await Key Economic Data for Clues on Interest RatesU.S. Treasury yields remain steady as investors anticipate crucial economic reports this week, particularly those focusing on the labor market. Reports on job openings, private payrolls, and the official December jobs report will provide insights into the state of the economy and potentially influence the Federal Reserve's monetary policy decisions regarding interest rates.
Read more »
Investors Await Fed Rate Decision Amid Economic Data ReleasesU.S. Treasury yields rise as investors anticipate the Federal Reserve's interest rate decision, closely watching key economic indicators including November retail sales and building permits.
Read more »