US Treasury yields edged lower slightly, market awaits PCE data.

The yield on US Treasury bonds fell, giving back some of the gains recorded on Thursday following better-than-expected initial jobless claims data. The focus of US data on Friday is the Personal Consumption Expenditures Price Index for September. This inflation index favored by the Federal Reserve was delayed due to the longest government shutdown in US history. Tradeweb data shows that during the Asian trading session, US Treasury bond yields fell by 1 to 1.5 basis points, with the 2-year yield falling by 1.2 basis points to 3.518% and the 10-year yield falling by 1.4 basis points to 4.093%.