U.S. Treasury Yields Fall Ahead of Key Labor Market Data

Group 1 - U.S. Treasury yields declined in Asian afternoon trade, indicating market anticipation of labor market weakness data [1] - The two-year Treasury yield fell by 1.5 basis points to 3.492%, while the 10-year yield also decreased by 1.5 basis points to 4.165% [2] - Analysts suggest that upcoming labor market statistics for October and November could significantly impact the market if they deviate from consensus estimates [1]