U.S. Treasury bond yields edge slightly higher, data show U.S. economy still strong
US Treasury bonds are being sold off, causing yields to rise, and the market is focused on negotiations regarding Greenland. Meanwhile, US data continues to show the economy's resilience. The third quarter GDP grew at an annual rate of 4.4%, higher than the previous estimate of 4.3%, and also higher than the second quarter's 3.8%. The weekly first-time jobless claims were lower than expected, with an increase from the revised 199,000 to 200,000, indicating that layoffs are still under control. Trump's relatively mild comments on the Greenland issue have eased the tension that has been affecting global markets in the past few days, but negotiations are still ongoing, and investors are preparing for potential volatility. The November Personal Consumption Expenditures Price Index will be released at 10am Eastern Time. The 10-year treasury yield is at 4.259%, and the 2-year treasury yield is at 3.612%.
Latest

