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Treasury yields fall amid blended updates on omicron

U.S. Treasury yields fell on Wednesday morning, following blended updates on the brand new omicron variant.

The yield on the benchmark 10-year Treasury be aware fell by 1 foundation level to 1.4614% at 3:45 a.m. ET. The yield on the 30-year Treasury bond fell by slightly below a foundation level to 1.7857%. Yields transfer inversely to costs and 1 foundation level is the same as 0.01%.

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The Bureau of Labor Statistics is because of launch October’s Job Openings and Labor Turnover Survey at 10 a.m. ET on Wednesday. Economists polled by Dow Jones count on that there have been 10.6 million open positions in October, up from 10.4 million in September.

An public sale is scheduled to be held on Wednesday for $36 billion of 10-year notes.

— CNBC’s Spencer Kimball and Maggie Fitzgerald contributed to this market report.

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