Based on Odaily, U.S. Treasury yields slightly declined during Asian afternoon trading as investors adopted a cautious stance ahead of the ADP employment and ISM services data release. Pepperstone analyst Michael Brown noted that the U.S. ISM services survey will draw significant attention, especially following the disappointing ISM manufacturing reading on Monday. According to Tradeweb, the two-year Treasury yield fell 1.6 basis points to 3.499%, while the 10-year yield dropped 0.9 basis points to 4.078%.
U.S. Treasury Yields Dip Ahead of ADP Employment and ISM Services Data
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