Treasury yields move higher as investors look ahead to key jobs report

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U.S. Treasury yields moved marginally higher on Thursday as investors looked ahead to key jobs data and continued to monitor geopolitical developments.

At 4:48 a.m. ET, the 10-year Treasury yield was up more than 1 basis point to 4.159%. The 2-year Treasury note was little changed at 3.467%. Meanwhile, the 30-year bond yield rose 3 basis points to 4.846%.

One basis point is equal to 0.01%, and yields and prices move in opposite directions.

Investors are anticipating more economic data: Thursday morning brings the weekly initial jobless claims, and the Bureau of Labor Statistics’ nonfarm payrolls report is expected on Friday at 8:30 a.m. ET.

Treasury yields move higher as investors look ahead to key jobs report

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