US 10-Year Treasury Yield Edges Up
2026-01-08 13:58
By
Agna Gabriel
1 min. read
The yield on 10-year US Treasuries rose to 4.18% as investors reacted to signs of resilience in the labor market, easing fears of a sharp economic slowdown.
US companies announced 35,553 layoffs in December, the lowest in 17 months and a significant drop from November’s elevated levels, suggesting employers may be scaling back job cuts and could be preparing to hire more.
Layoff announcements fell sharply, while planned hiring reached its highest December level in years, reinforcing a less dire picture of labor conditions.
Weekly jobless claims also rose by less than expected.
With the broader US payrolls report due on Friday, traders are focused on how jobs data will influence expectations for Federal Reserve interest-rate cuts this year, and markets are pricing in at least two quarter-point reductions.
Beyond labor data, geopolitical tensions, including efforts by the US to secure influence in Greenland and ongoing developments in Venezuela, remain on investors’ radar.