U.S. Treasury yields were lower on Friday as investors looked to the release of the August jobs report as concerns about an economic slowdown have been growing.
U.S. Treasury yields were lower on Friday as investors geared up for the release of the August jobs report as concerns about an economic slowdown have been growing.August jobs report
, which comes amid concerns about the state of the economy and labor market. Economists surveyed by Dow Jones are expecting the report to show that nonfarm payrolls increased by 161,000 in the month, and that the unemployment rate eased slightly to 4.2%.That comes after data released Thursday showed that private payrolls grew by 99,000 in August, far lower than the 140,000 estimate.
Weekly initial jobless claims meanwhile fell from the previous week, figures that were also released Thursday showed. The data comes ahead of the next Federal Reserve meeting, which is set to conclude with an interest rate decision on Sept. 18.
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