09.09.202513:09:37UTC+00US 10-Year Yield Ends Four-Day Drop

On Tuesday, the yield on the US 10-year Treasury increased by 3 basis points, reaching 4.07%, after declining for four consecutive sessions. Despite this rise, it remains close to its lowest point since April. Markets have already factored in a 25 basis point rate cut by the Federal Reserve next week, although expectations for a more significant 50 basis point reduction are gaining traction, especially after last week's weaker employment report. Additionally, the Bureau of Labor Statistics is set to release its preliminary annual revision of payroll figures today, which could further sway these expectations. Analysts largely anticipate a downward adjustment, indicating a more pronounced slowdown in the labor market. Investors are also closely monitoring two major inflation reports this week, with the Producer Price Index for August scheduled for release on Wednesday and the Consumer Price Index on Thursday.