US Treasury yields fell during the afternoon trading session in Asia, and the market expects the latest data to confirm the weakness of the labor market. Jens Peter Sorensen of the Bank of Denmark Research said in a report: “Given the Federal Reserve's increasing focus on the labor market, if the labor market statistics for October and November to be released today exceed average expectations, then these data are likely to cause market fluctuations. “According to Tradeweb, two-year US Treasury yields fell 1.5 basis points to 3.492%, while 10-year US Treasury yields also fell 1.5 basis points to 4.165%.

US Treasury yields fell during the afternoon trading session in Asia, and the market expects the latest data to confirm the weakness of the labor market. Jens Peter Sorensen of the Bank of Denmark Research said in a report: “Given the Federal Reserve's increasing focus on the labor market, if the labor market statistics for October and November to be released today exceed average expectations, then these data are likely to cause market fluctuations. “According to Tradeweb, two-year US Treasury yields fell 1.5 basis points to 3.492%, while 10-year US Treasury yields also fell 1.5 basis points to 4.165%.