US Bond Yields Almost Flat Today

US Treasury yields were mixed on Thursday, ahead of the Federal Reserve’s Jackson Hole symposium, in addition to the release of economic data, the yield on the benchmark 10-year Treasury bond rose less than a basis point to 1.347%, and the yield on the 30-year Treasury fell less than a point basis to 1.954%, returns move inversely with prices and 1 basis point is 0.01%.

The Federal Reserve’s annual Jackson Hole symposium, which brings together central bankers from around the world, will take place around Friday, with several central bank speakers speaking to the media starting Thursday, after which Fed Chairman Jerome Powell is scheduled to deliver. Notes at 10 AM ET on Friday, as investors will hear any clues about when the central bank will begin to end its program to purchase at least $120 billion in bonds per month.