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Treasury yields turn lower after data on U.S. factory orders and job openings

Bond Report Last Updated: May 2, 2023 at 10:24 a.m. ET First Published: May 2, 2023 at 5:50 a.m. ET Yields on 2-year Treasury notes through 30-year bonds were lower on Tuesday after March data showed that U.S. job openings fell and factory orders rose by less than expected.However, the 3-month T-bill rate touched its
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Bond Report

Yields on 2-year Treasury notes through 30-year bonds were lower on Tuesday after March data showed that U.S. job openings fell and factory orders rose by less than expected.However, the 3-month T-bill rate touched its highest level in almost 17 years on continued debt-ceiling worries ahead of Wednesday’s policy decision from the Federal Reserve.

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Two- through 30-year Treasury yields dipped after U.S. economic data released on Tuesday showed U.S. job openings fell to 9.6…

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