Treasury Yields Rise Slightly as Traders Anticipate December Rate Cut

Written by Emily J. Thompson, Senior Investment Analyst

Source: CNBC

Updated: Dec 04 2025

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Source: CNBC

Treasury Yields Increase: U.S. Treasury yields rose on Thursday, with the 10-year yield at 4.082% and the 30-year yield at 4.74%, as investors anticipated economic data and a potential interest rate cut by the Federal Reserve next week.
Private Payrolls Report Impact: A surprising decline in private payrolls, with a loss of 32,000 jobs instead of the expected growth, has fueled expectations for a quarter-percentage-point interest rate cut at the upcoming Federal Open Market Committee meeting.
ISM Services PMI Report: The ISM Services PMI showed a slight increase to 52.6%, indicating stability in the U.S. economy, which contrasts with the disappointing payrolls data.
Upcoming Economic Reports: Investors are closely monitoring additional economic reports this week, including initial jobless claims, the personal consumption expenditures index for September, and Michigan consumer sentiment expectations.

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.