
Yields Rise as Payrolls Beat Forecasts, Oil Climbs
U.S. Treasury yields moved higher after the ADP private payrolls report showed May gains of 122,000 (the strongest since January 2025). The 10-year yield rose to about 4.489%, the 2-year to about 4.078%, and the 30-year to about 4.989%. Oil prices also climbed, with WTI closing at $96.02 and Brent at $97.81. The ISM services index came in at 53.6, and job openings rose to 7.6 million in April—the highest since May 2024 (per BLS, with a correction noted). The moves come amid ongoing Middle East tensions and shifting energy and labor data.


