1542 ET - Markets remain in risk-off mode, seeking the safety of U.S. Treasurys ahead of Trump's big tariffs announcement. Uncertainty is the keyword. "It's tough to lay out a tariff playbook for investors right now, so our advice is to wait and see," LPL Financial economists write. The tariffs announcement is expected in the afternoon. Before that, ADP is forecast to report an increase in private sector jobs last month to 120,000 from 77,000, according to a WSJ survey. Lackluster PMI data also weighed down on yields. The 10-year drops 0.089 percentage point to 4.156%, the lowest since December 6. The two-year falls 0.048 p.p. to 3.863%, lowest since October 3. (paulo.trevisani@wsj.com; @ptrevisani)
(END) Dow Jones Newswires
April 01, 2025 15:42 ET (19:42 GMT)
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