U.S. Treasury yields rose Friday as investors looked ahead to the release of the September jobs report, which could inform upcoming Federal Reserve monetary policy decisions.
Investors are awaiting fresh data from the labor market in form of the September jobs report, which comes after a series of jobs data was released earlier in the week and could affect monetary policy.
Economists surveyed by Dow Jones are expecting the jobs report to show that the U.S. economy added 170,000 jobs in September, which would be below August's 187,000.
Should the report indicate continued tightness in the labor market, a further interest rate hike may be a possibility.
Friday's jobs report comes after mixed labor market data published throughout the week.
Persons:
Dow Jones
Organizations:
Treasury, U.S, Dow
Locations:
U.S