8th January 2025

  • US Job Openings Rise to Six-Month High on Business Services

November vacancies topped all estimates after upward revision

Other industries showed more mixed demand for workers

https://blinks.bloomberg.com/news/stories/SPQ51DT0AFB4

  • US Services Index Climbs, Price Gauge Hits Highest Since 2023

ISM December services PMI increases 2 points to 54.1

Index of prices shows broad-based increases across sectors

https://blinks.bloomberg.com/news/stories/SPQ54OT1UM0X

  • Treasury Auction Draws Highest Yield Since 2007 in Bond Selloff

Sale of 10-year notes is awarded at 4.68% after strong data

Traders lose faith that Fed will cut interest rates again soon

https://blinks.bloomberg.com/news/stories/SPQKH4T0AFB4

  • Highest UK Debt Costs Since 1998 Risk More Labour Tax Hikes (1)

Yield on 30-year gilts rises to 5.22% after DMO auction

Government plans for near record debt sales weigh on market

https://blinks.bloomberg.com/news/stories/SPPZ6MT0G1KW

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