Treasury yields edge lower as traders await key jobs data
By Hugh Leask
Published on May 8, 2026.
The US Treasury yields have dropped in early Friday trading as investors await key economic data, including the 10-year Treasury yield, the benchmark for government borrowing, which drops by over 2 basis points to 4.3682%. Yields on the 2-year and 3.8929% also dropped. The longer-dated 30-year yield also dropped by 1 basis point. The Treasury is expected to remain unchanged at 4.3%. The Department of Labor reported that weekly initial jobless claims were at 200,000 for the week ended May 2, a 10,000 rise from the previous week. The impact of these data on the economy will be assessed by the Federal Reserve.
Read Original Article