Treasuries Fall as Long Rates Expand Gap Over Short Maturities

Published on December 26, 2024

Treasuries were under pressure in a holiday-shortened session as investors remain wary to park cash in US government debt that matures in a decade or more.

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US Oil Exports to China Dwindle as Demand Wanes, Buying Shifts

December 26, 2024
US crude exports to China plunged by almost half this year as shifts in the nation’s economy weighed on demand and it bought more barrels from other countries including Russia and Iran.

Unemployment Claims Down 1K, Better Than Expected

December 26, 2024
In the week ending December 21st, initial jobless claims were at a seasonally adjusted level of 219,000. This represents a decrease of 1,000 from the previous week's figure and is better than forecasts for 223,000.