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The U.S. Treasuries remained nearly flat during Friday’s afternoon session amid a muted trading session that witnessed data of little economic significance ahead of the country’s host of 2-tier economic data, due for release through the day.
The yield on the benchmark 10-year Treasury yield hovered around 1.560 percent, the super-long 30-year bond yield remained flat at 2.027 percent and the yield on the short-term 2-year remained steady at 1.389 percent. by 12:35GMT.
In the US, today will bring personal income and spending data for December, which are expected to report moderate growth in both components. The associated core PCE deflator, the Fed’s preferred measure of inflation, is expected to be unchanged at 1.6 percent y/y, Daiwa Capital Markets reported.
In addition, the employment cost index for Q4 is due along with the final University of Michigan consumer confidence survey for January, the report added.
Meanwhile, the S&P 500 Futures remained tad -0.35 percent down at 3,278.38 by 12:40GMT.
