The U.S. Treasuries remained steady during Friday’s afternoon session ahead of the country’s manufacturing and composite PMI for the month of January, scheduled to be released today by 14:45GMT, amid an otherwise, muted trading day that witnessed data of little economic significance.
The yield on the benchmark 10-year Treasury yield hovered around 1.743 percent, the super-long 30-year bond yield remained flat at 2.191 percent and the yield on the short-term 2-year too remained steady at 1.524 percent by 12:00GMT.
Today will also bring the market flash US PMIs for January, which are expected to show the composite PMI moving broadly sideways close to the 52.7 level – an eight-month high – reached in December, Daiwa Capital Markets reported.
The Bloomberg consensus forecast for the manufacturing PMI is for no change at an expansionary 52.4, above the average last year. And the services PMI is expected to edge up slightly to 53.0, which would be the highest since July, the report added.
Meanwhile, the S&P 500 Futures remained nearly flat at 3,333.12 by 12:05GMT.


Gold Prices Mixed as Stronger Dollar Offsets Safe-Haven Demand Amid U.S.-Iran Peace Talks
Russian Stocks End Flat as MOEX Index Hits New 52-Week Low
Bessent Says U.S. Must Strengthen Supply Chains and Economic Security
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Asian Stocks Slide as AI Rally Pauses, South Korean Chipmakers Lead Regional Decline
Yen Near 40-Year Low as USD/JPY Approaches Key 162 Level, Raising Intervention Concerns
France Faces Long Road to Economic Rebalancing as Weak Demand and High Rates Weigh, Says Citi
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows
US Dollar Hits One-Year High as Hawkish Fed Outlook Overshadows Middle East Developments
Oil Prices Fall as Iran Peace Talks Progress, Hormuz Reopens, and U.S. SPR Hits 1983 Low 



