The 10-year Treasury yield rose again on Friday, hitting a near seven-month high.
The result on the mark 10-Year Treasury to 4.593% compared to yesterday. The 10-year rate hit a high of 4.641% in the previous session, hitting its highest level since May. The 2-year finance changed so far +4.318% compared to yesterday.
One basis point is equal to 0.01%. Productivity moves indirectly to prices.
After the Christmas holidays, unemployment claims data released on Thursday for the week ended December 21 in 1,000 lower at 219,000, below the consensus forecast of 225,000 from Dow Jones.
However, continuous claims rose by 46,000 for the week ending December 14 to the highest level since November 2021.
The 10-year Treasury yield rose more than 40 basis points in December as traders expects a more hawkish Federal Reserve in 2025. The central bank will meet next year at the end of January, when a rate hold is expected.
