The ISM Services PMI increased to 54.1% in December (Briefing.com consensus 53.0%) from 52.1% in November. The dividing line between expansion and contraction is 50.0%, so the December reading ...

U.S. Treasuries retreated on Tuesday with longer tenors pacing a slide that lifted the 30-yr yield to its highest level since November 2023 while the 10-yr yield hit its highest level since April.

High yield: 4.211% Bid-to-cover: 2.54 Indirect bid: 67.4% Direct bid: 17.7% Cookies are essential for making our site work. By using our site, you consent to the use of these cookies. Read our cookie ...

The trade deficit widened to $78.2 billion in November (Briefing.com consensus -$77.9 billion) from an upwardly revised $73.6 billion (from -$73.8 billion) in October. The widening was the result of ...

U.S. Treasuries have largely recovered from some overnight weakness that saw the 10-yr note yield hit 4.63%. The reversal is striking in that it has followed better-than-expected Services PMI readings ...

High yield: 4.178% Bid-to-cover: 2.58 Indirect bid: 65.8% Direct bid: 17.8% The 3-yr note auction didn't impress as the high yield of 4.332% tailed the when-issued yield by 1.2 basis points. Overall ...

U.S. Treasuries trade on their lows after widening their initial losses in reaction to the December ISM Services report, which showed a big jump in the Prices Index (to 64.4 from 58.2) and an uptick ...

U.S. Treasuries are on track for a lower start with longer tenors set for an early continuation of yesterday's underperformance. Treasury futures spent the Asian session in a sideways range, falling ...

ADP reported private sector employment increased by 122,000 jobs in December (Briefing.com consensus 131,000) with the goods-producing sector adding 10,000 jobs and the service-providing sector adding ...