2-Year US Treasury Yield Drops to 4.46% Following Jobs Data
Key Facts
The 2-year U.S. Treasury yield dropped 12 basis points to 4.46%. Newsmax reported that the decline followed the release of the latest jobs data, which influenced market expectations regarding interest rates and economic growth.
This yield movement coincided with several economic releases in early November 2026, including the unemployment rate reaching 4.1% and non-farm payrolls adding 165,000 jobs on November 6, 2026. Additionally, the Michigan Consumer Sentiment index printed at 51 on November 6, 2026, exceeding previous forecasts.
Looking ahead, several Federal Reserve officials including Bowman, Goolsbee, and Barkin are scheduled to deliver speeches on November 9, 2026, followed by the release of CPI inflation data on November 10, 2026.