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The US Treasury provides stabilization on Thursday after Wednesday on the back of the US disappointing data stabilized a sharp decline.
A A 2-year crop grew less than 1 base item up to 3.885% at 3:26 am by EST, with 10-year-old treasury Also at the level of less than 1 base point of 4.371%. A 30-year bond yield It is carried out steadily by 4.89%.
One base point is 0.01%. Yields and prices are moved to the bond market.
Investors will monitor the April trade data and the latest initial printed requirements without difficulty coming later on Thursday, after the set of weak indicators sent the yield of the Treasury at steep origin during the previous session. On Wednesday, the 10-year bond yield decreased by more than 10 basic points.
A The activities of the service sector unexpectedly weakened In May to 49.9%, sliding slightly below the threshold that separates the extension and lack of Dowe’s forecasting in 52.1%
Similarly the private sector wages increased only by 37,000 in MayThe Dow Jones estimate is over 110,000. The disappointing figure has increased the investor problems about the weakened labor market and its potential economic fall.
Despite the forecast misses, the latest numbers are not “so bad” that they revive fears about the recession in the world’s largest economy, Deutsche Bank writes in a Thursday’s research note.
Later this week, traders will also monitor the salaries and unemployment rates paid on Friday.
