2 May 2024
Earlier, data from ADP Employment Change showed employment in the US private sector increased more than estimated in April, while data for the previous month was revised higher.
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2 May 2024
Earlier, data from ADP Employment Change showed employment in the US private sector increased more than estimated in April, while data for the previous month was revised higher.
30 April 2024
The Treasury Department raised its estimate of net borrowing in the April to June quarter to USD 243 billion, up from the USD 202 billion amount estimated in late January, driven by lower cash receipts.
29 April 2024
US Commerce Department data showed benchmark Inflation rose moderately in March on an annualized basis while being in line with estimates on a monthly basis.
25 April 2024
The USD 70 billion 5-year US TREASURY auction pushed bond yields higher and weighed on the stock market. The 10-year US Treasury also rose 5 bps to a yield of 4.646%.
24 April 2024
In terms of economic indicators, US Treasury yields slipped from recent highs as US economic data showed manufacturing & services activity unexpectedly weakened in April to a 4-month low due to sluggish demand.