US Treasury yields jump after better-than-expected jobs report
- US. government debt yields jumped after the government’s monthly jobs report showed the U.S. economy adding jobs at a brisk pace and wages rising at the fastest pace since April 2009.
- The yield 10-year Treasury note was higher at 3.178 percent at 8:34 a.m. ET, while the yield on the 30-year Treasury bond was higher at 3.405 percent.
- The unemployment rate was unchanged at 3.7 percent. Wages are up 3.14 percent over the past 12 months through the end of October.