U.S. Treasury yields were lower on Wednesday, with investors poised to scrutinize economic data for further clues on rate cut outlook.
U.S. Treasury yields were lower on Wednesday, with investors poised to scrutinize economic data for further clues on the rate cut outlook.fell more than 4 basis points to 4.232%, after briefly rising above 4.3% in the previous session to notch its highest level since July. The yield on theAhead of the all-important October jobs report at the end of the week, investors will monitor a fresh batch of economic data on Wednesday.
Advance economic indicators for September and pending home sales for September are also due on Wednesday morning.ahead of their next meeting on Nov. 6-7, which means they will not be delivering remarks off the back of the data releases, or about their general policy and economic expectations.
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