U.S. Treasury yields declined on Wednesday as investors awaited the delayed release of the January employment report. As of 6:12 a.m. Eastern Time, the yield on the 10-year Treasury note fell by 1 basis point to 4.135%. The 30-year Treasury yield also decreased by 1 basis point, reaching 4.779%. Meanwhile, the 2-year Treasury yield dropped by less than 1 basis point to 3.45%. A basis point is equivalent to 0.01%, and yields move inversely to prices. Investors anticipate that the U.S. Bureau of Labor Statistics will release the January nonfarm payrolls report at 8:30 a.m. Eastern Time on Wednesday. The report was delayed by five days due to a partial government shutdown, which ended on February 3. The employment report is expected to show weak or even zero job growth for January. According to a Dow Jones survey, market consensus forecasts an addition of 55,000 nonfarm payrolls, matching the increase seen in December. The unemployment rate is projected to be 4.4%, with annual wage growth at 3.7%. Some Wall Street institutions predict even lower figures; for example, Goldman Sachs expects only 45,000 new jobs. Investors are also monitoring the upcoming release of the Consumer Price Index (CPI) on Friday, a key inflation indicator.