Treasury yields rise ahead of this week’s employment data

Treasury yields rise ahead of this week’s employment data

Aug. 1:

Treasury yields were up this morning in anticipation of all of the jobs data coming out throughout the rest of this week, starting with the Job Openings report that will be released later today.

The Dow traded up this morning.

Economic calendar

Tuesday, Aug. 1

  • ISM Manufacturing PMI
  • Construction Spending
  • Job Openings

Wednesday, Aug. 2

  • ADP Employment Report

Thursday, Aug. 3

  • Nonfarm Productivity/Unit Labor Costs
  • Weekly Initial Jobless Claims
  • ISM Services PMI

Friday, Aug. 4

  • Monthly Employment Report

Treasury calendar

There are no auctions of Treasury notes or bonds this week.

By Mike Kraft, Executive Director and Commercial Real Estate Treasurer for Commercial Banking

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