Treasury yields and the dollar keep rising after a batch of somewhat reassuring U.S. indicators. The Conference Board consumer confidence index ticks higher to 91.2, although below WSJ consensus of 94.2. May job openings were unchanged at 7.6 million. Fed funds futures price in 83% odds of at least one hike this year, according to CME's FedWatch tool. Employment data due the next couple of days are expected to cool down while staying at healthy levels, in WSJ surveys. The 10-year yield is at 4.402%, on pace for a third consecutive quarterly rise. The WSJ Dollar Index rises slightly, on track for its fourth consecutive quarterly gain. (paulo.trevisani@wsj.com; @ptrevisani)
Dow Jones Newswires
Treasury Yields, Dollar Rise as U.S. Indicators Trickle In — Market Talk
Treasury yields and the dollar keep rising after a batch of somewhat reassuring U.S. indicators. The Conference Board consumer confidence index ticks higher to 91.2, although below WSJ consensus of 94.2. May job openings were unchanged at 7.6 million. Fed funds futures price in 83% odds of at least…