U.S. Treasury yields traded in a back-and-forth range Friday after the June jobs report easily beat expectations.
The U.S. economy added 287,000 jobs last month, well above the expected 175,000. The jobs data is especially key since the shock slowdown in May hiring was one reason the Federal Reserve cited for leaving interest rates unchanged at its meeting last month.
The yield on the benchmark 10-year Treasury note, which moves inversely to its price, traded at 1.3672 percent, after rising to about 1.44 percent. The yield on the 30-year Treasury bond was lower at 2.1071 percent, after rising to 2.17 percent.
About 10 minutes ahead of the report's release, 10-year yields held near 1.38 percent, while 30-year and two-year yields held around 2.13 percent and 0.66 percent, respectively.