Treasuries showed a lack of direction throughout much of the trading day on Tuesday before eventually closing modestly higher.Bond prices spent most of the session lingering near the unchanged line but moved to the upside going into the close. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, dipped 2.4 basis points to 4.264 percent.The late-day strength am...
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.