Bond Market Signals Economic Slowdown as Treasury Yields Hit Lowest Levels

U.S. Treasury yields remained relatively unchanged as investors assessed the state of the economy following the release of labor market data and awaited the November jobs report. The 10-year Treasury yield dipped slightly to 4.17%, while the 2-year Treasury yield recovered some losses to reach 4.589%. Yields fell on Tuesday after lower-than-expected job openings figures indicated a cooling labor market. Uncertainty about the outlook for interest rates persists, with the Federal Reserve expected to keep rates unchanged but providing few hints about the duration of elevated rates.