Home Business Treasury yields move lower as investors await key jobs data

Treasury yields move lower as investors await key jobs data

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  • Market focus is largely attuned to geopolitical developments after the U.S. and Iran appeared to edge away from the brink of further conflict in the Middle East.
  • On the data front, the Department of Labor will release employment figures for December at 8:30 a.m. ET.
  • Average hourly wages for December, unemployment rate figures for December and wholesale inventories for November will also be released Friday morning.

Market focus is largely attuned to geopolitical developments after the U.S. and Iran appeared to edge away from the brink of further conflict in the Middle East.

On Wednesday, Trump said Iran appeared to be “standing down,” adding that Washington would “immediately impose additional punishing economic sanctions on the state.”Read More..