The final value of the Markit Services PMI in the U.S. for January hit a new low since April 2024, while U.S. Treasury yields continued to decline

Wallstreetcn
2025.02.05 14:51

The final value of the Markit Services PMI in the United States for January is 52.9, the lowest since April 2024.

The final value of the employment sub-index rose to 54.3, the highest since June 2022, expanding for the second consecutive month; the final value of the prices charged sub-index reached the highest since September 2024.

The final value of the Markit Composite PMI for January is 52.7, the lowest since April 2024.

The final value of the employment sub-index rose to 54, the highest since June 2022, expanding for the second consecutive month; the final value of the new orders sub-index reached the lowest since October 2024.

The yield on the U.S. two-year Treasury note maintained a decline of about 2.3 basis points after the data release, stabilizing around 4.1910%. At 21:30 Beijing time (shortly after the release of the U.S. "little non-farm" employment report), it hit a daily low of 4.1744%

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