Treasury yields rise as investors look to key data

U.S. Treasury Yields Rise as Investors Monitor Economic Data #

U.S. Treasury yields increased on Thursday as investors analyzed economic data to gauge the future of the economy and monetary policy. The yield on the 10-year Treasury rose by over two basis points to 4.3411%, while the 2-year Treasury yield had a slight increase of less than one basis point, reaching 4.7576%. Investors are uncertain about the path of interest rates and are looking to economic indicators for insight into the economy and potential impact on monetary policy. Key economic data for the day includes initial jobless claims, durable goods orders, and pending home sales figures.