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Bond Report: Treasury yields slip after hotter-than-expected jobs report

U.S. government bond prices rose, nudging yields lower, on Friday ahead of a key report on employment that could offer a gauge of the health of the labor market and inflation.

A rise in Treasury yields also follows an escalation of a tit-for-tat tariff dispute between China and the U.S. that took a more substantial turn earlier in the day.

The 2-year note yield TMUBMUSD02Y, +0.16% edged 0.4 basis point lower to 2.547%, a day after the largest one-day yield climb since June 13. The 10-year Treasury note yield TMUBMUSD10Y, +0.10% slipped by 0.8 basis point to 2.832%.

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