Treasury Yields, Dollar Rise as ADP Jobs Data Beats Forecast -- Market Talk

Dow Jones06-03

0843 ET - Treasurys sell off, sending yields higher, as the Middle East conflict escalates and the U.S. job market strengthens. ADP says private employers added 122,000 in May, beating WSJ consensus of 110,000, with broad-based hiring. Jobless claims tomorrow are expected to be steady and payrolls Friday are forecast to slow down. U.S. and Iran keep trading blows, sparking an oil rally. The WSJ Dollar Index rises 0.1%, extending a pattern of yields and the greenback following oil prices. The 10-year yield reaches 4.491%, up from 4.479% before the jobs data. The two-year rises to 4.082% from 4.070%. (paulo.trevisani@wsj.com; @ptrevisani)

(END) Dow Jones Newswires

June 03, 2026 08:43 ET (12:43 GMT)

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