Bond Traders Brace for Economic Data Ahead of the Fed’s Jackson Hole Event

After two days of gains, U.S. Treasury yields reversed course as bond traders shifted focus toward a wave of looming economic data and the upcoming Federal Reserve symposium in Jackson Hole. The 10-year note’s yield rose slightly to about 4.31%, while the 2-year note climbed to roughly 3.76%. Investors are on high alert for key indicators—from jobless claims to housing metrics—and are reading into every word from Fed officials for hints on future monetary policy. This renewed caution signals how sensitive markets remain to data flow and the tone Fed speakers set at the Wyoming conference.