U.S. Treasury yields fell early on Wednesday, ahead of the release of job openings data.
gave up 2 basis points, falling to 1.965%. Yields move inversely to prices and 1 basis point is equal to 0.01%.Treasury yields dipped after concerns about the outlook for economic growth hit stock markets on Tuesday, with the Dow Jones Industrial Average falling more than 200 points.
The U.S. Labor Department is due to release the July Job Openings and Labor Turnover Survey at 10 a.m. ET on Wednesday. This comes after Friday's disappointing jobs report, with nonfarm payrolls increasing by 235,000 in August versus a forecast of 720,000 new jobs.
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