Treasury Action: yields are several basis points lower
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2025
0mins
Treasury Market Update: Yields are lower in light trading as the market prepares for an early closure due to the National Day of Mourning for former President Carter, following a decent 30-year auction and weaker ADP data encouraging dip buying.
Market Trends and Expectations: The yield curve is slightly flatter, raising questions about whether this marks a new trend or just a pause in the ongoing selloff since the Fed's rate cut in September, with December jobs data being highly anticipated.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
