U.S. Treasury Yields Rise as Government Reopens, Fed Pause Probability Hits 44%

U.S. Treasury yields climbed after the government reopened, though key economic data releases remain uncertain, Jin10 reports. The White House said yesterday October's CPI report, originally scheduled for today, may not be published, while initial jobless claims data has been delayed. CME data show the probability of the Federal Reserve pausing rate cuts next month rose to 44% from 30% a week ago. A 30-year bond auction is scheduled for today.