U.S. Treasuries narrowly mixed ahead of November JOLTs job openings, FOMC speeches

The U.S. Treasuries remained narrowly mixed during Friday’s afternoon session ahead of the country’s JOLTs job openings data for the month of November, scheduled to be released today by 15:00GMT and FOMC members Harker and Quarles’ speeches, also due today by 14:00GMT and 17:45GMT respectively.

In addition, the Philly Fed manufacturing index for January, lined up for release today by 13:30GMT shall provide further direction to the debt market.

The yield on the benchmark 10-year Treasury yield hovered around 1.816 percent, the super-long 30-year bond yield jumped over 2 basis points to 2.281 percent and the yield on the short-term 2-year fell 1 basis point to 1.559 percent by 12:00GMT.

In the US, today will bring industrial production, housing starts and building permits data for December, as well as the preliminary University of Michigan consumer survey results for January. All the evidence – including a sharp drop in the ISM production index, a drop in factory employment, and a fall in the rotary rig count – points to a weak IP report, Daiwa Capital Markets reported.

But housing starts are expected to reach a new high for the current cycle while the strong stock market should boost consumer confidence, the report added.

Meanwhile, the S&P 500 Futures remained tad 0.24 percent higher at 3,324.62 by 12:10GMT.