The yields of American treasury traded on a mixed territory on Friday, as investors were waiting for key information on jobs in January, which would provide a new insight into the labor market.
At 4:07 et, 10-year-old treasury The yield is reduced by less than one point to 4.436%. AND Two -year -old treasury The yield was last at 4.2328% after an increase in over two base points.
Contributions and prices move in opposite directions. One basic point is equivalent to 0.01%.
On Friday all eyes will be in January Monthly job reportwhich includes data on payment lists and unemployment data. Economists surveyed by Dow Jones forecast wage growth of 169,000 in January, which is less than 256,000 jobs added in December. The unemployment rate is expected to remain unchanged at 4.1%.
Although the data could signal that job creation slows down, it seems that the wider view makes the labor market hold well and will not soon become a problem for federal reserves.
The stable picture of employment will welcome markets in the light of the Fed, which will probably keep interest rates for a few more months, as politics is waiting for politics to see how the fiscal, economic and trade policy of US President Donald Trump, including potential tariffs, tears.
The report comes after the pay processing company Adp On Wednesday, he said that private companies created 183,000 jobs in January. This was higher than the revised figure of 176,000 December, and also exceeded the expectations.
The latest consumer report will also be announced on Friday. Attention will then be transferred from this week’s job information to another key data point provided for next week – consumer data and wholesale inflation in January.
