Treasury yields rise as investors weigh economic data

U.S. Treasury yields rose on Wednesday as investors analyzed the state of the economy amid key data releases. The 10-year Treasury yield increased by over two basis points to 4.3571%, while the 2-year Treasury yield was up by more than two basis points to 4.7931%. Yields had previously declined as investors studied the latest economic data, including job vacancies in April, which were lower than expected. The upcoming release of nonfarm payrolls figures and the unemployment rate for May will be closely monitored ahead of the next Fed meeting, where interest rates are expected to remain unchanged.