U.S. Treasury Yields Rise After Jobs Report
U.S. government bond yields rose Friday after Labor Department data showed U.S. employers pulled back on hiring in August during a surge in Covid-19 cases.
The yield on the benchmark 10-year Treasury note is currently trading at 1.321%, according to Tradeweb, up from 1.293% at Thursday’s close. The 30-year bond yield is trading at 1.936%, from 1.906%.
