Treasury Yields, Dollar Weaken Ahead of U.S. Manufacturing Data

Treasury Yields, Dollar Weaken Ahead of U.S. Manufacturing Data

Treasury yields and the dollar slip ahead of U.S. manufacturing data.

December manufacturing PMI is expected to decline slightly to 48 from 48.4, in a Wall Street Journal survey.

The 10-year yield is at 4.542%, lower than yesterday but still close to its May 2024 high. The two-year is at 4.232%, stuck within a two-month range.