2 -year -old treasury yields as tariffs persist, ECB reduces rates

By Vivien Lou Chen and Steve Goldstein

The returns on the debt of the US government were mixed on Thursday morning, because the impact of the wider feelings, the data showed that the weekly jobs were withdrawn from a high level of three months, and the interest rates in the European Central Bank.

What is happening

-The 2 -year -old Treasury: TMUBMUD02Y decreased by 1.9 basic points to 3.965%, from 3.984% on Wednesday. The yields move in the opposite direction.

-The 10 -year treasury of the BX: TMUBMUD10Y was 4.281%, up 1.7 basic points from 4.264% on Wednesday.

-The 30 -year -old BX: TMUBMUSD30Y treasury was 4.579%, up 2.3 basic points from 4.556% Wednesday.

What do the markets lead

The treasury market was volatile as a result of mixed economic reports and tariff development, with a redemption of one month on Wednesday at car tariffs, sending a 10 -year reference with the most in two weeks. However, the uncertainty in terms of the impact of President Donald Trump tariffs was still while, over time, the data published on Thursday showed that initial jobs decreased by 21,000 to a total of 221,000 in the seven days that ended on March 1. The first trick of federal workers who lose their jobs have appeared in American requests for unemployment benefits, but many other deposits are probably in the next few months.

On Friday, the Labor Statistics Office issues the Non-pharmo-Payrols report for February, with a win of 170,000 jobs expected by the economists questioned by Wall Street Journal. “From here, the market will continue to think about what the BLS data will reveal and the extent to which the release should be rejected as careless information,” said Ian Lyngen, BMO Capital Markets strategist.

In Germany, the yields continued to grow as a reaction to the plans for a great impulse in the defense expenses that still need approval in the Parliament. After growing 30 basic points on Wednesday, 10 years German BUD BX: TMBMKDE-10Y increased by 8.8 basic points to 2.879%. Meanwhile, on Thursday, the European Central Bank has reduced the interest rates with an increase in a quarter.

-Vivien Lou Chen -steve Goldstein

This content was created by Marketwatch, which is operated by Dow Jones & Co. Marketwatch is published independently of Dow Jones Newswires and The Wall Street Journal.

  (End) dow jones newswires

  03-06-25 0948et
Copyright (C) 2025 Dow Jones & Company, Inc.