U.S. Treasury Yields Edge Lower in Asian Trade -- Market Talk

0521 GMT - U.S. Treasury yields edge lower in Asian trade as their trade resumes after Monday's Labor Day holiday, shrugging off a slight increase in oil prices. The key anticipated driver of U.S. Treasurys this week will be Friday's CPI reading, in particular ahead of the Federal Reserve's rate decision on Sept. 16. "Last week's payroll numbers were stronger than expected, confirming markets' hawkish bias for the upcoming Fed meeting," ING senior rates strategists Benjamin Schroeder and Michiel Tukker say in a note. "But with around 60% of a rate hike priced in, the audience remains split," they say. The two-year Treasury yield falls 1.3 basis points to 4.363% and the 10-year yield is down 0.4bps at 4.779%, according to Tradeweb. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

September 08, 2026 01:21 ET (05:21 GMT)