TREASURIES-US yields pare decline after private payrolls, retail sales data

BY Reuters | ECONOMIC | 04/01/26 08:49 AM EDT

NEW YORK, April 1 (Reuters) - U.S. Treasury yields came off their lows for the day after a pair of reports on Wednesday showed continued resilience for the world's largest economy, affirming expectations that the Federal Reserve will hold off cutting interest rates for some time.

Both U.S. private payrolls for March and retail sales came in higher than expected.

U.S. 10-year yields were last flat at 4.31%, while the two-year yield was marginally down on the day at 3.791%. (Reporting by Gertrude Chavez-Dreyfuss; Editing by Andrew Heavens)

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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