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TREASURIES -US two-year yield falls after JOLTS report
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TREASURIES -US two-year yield falls after JOLTS report
Feb 4, 2025 7:48 AM

NEW YORK, Feb 4 (Reuters) - U.S. Treasury yields on the

short end of the curve slid on Tuesday after data showed job

openings in the world's largest economy fell in December from

the previous month, suggesting that the labor market was losing

some of its sizzle.

The Bureau of Labor Statistics' Job Openings and Labor

Turnover Survey (JOLTS) showed that U.S. job openings in

December dropped to 7.6 million from 8.2 million in November.

U.S. two-year yields, which are tied to the Federal

Reserve's policy moves, fell 3 basis points (bps) to 4.234%

after the jobs numbers, while the benchmark 10-year

pared gains to trade little changed at 4.547%.

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