U.S. Treasury Yields Fall Ahead of Key Data

Core Viewpoint - U.S. Treasury yields have declined, indicating expectations of further weakness in the labor market and potential Federal Reserve rate cuts next year [1] Economic Data - Key U.S. economic data, including employment figures and CPI data, are set to be released, with expectations of labor market weakness [1] - Employment figures are due on Tuesday, followed by CPI data on Thursday [1] Federal Reserve Outlook - The labor market data may support the possibility of Federal Reserve rate cuts in the upcoming year [1] - Brown Brothers Harriman's Elias Haddad suggests that the FOMC has the capacity to implement the 50 basis points of easing anticipated by Fed funds futures over the next 12 months [1]