U.S. government debt prices were lower on Friday as investors digested the release of a better-than-expected jobs report.
The U.S. economy added 255,000 jobs last month, while economists expected a gain of 180,000 jobs. The unemployment rate remained unchanged at 4.9 percent.
The yield on the benchmark 10-year Treasury note sat higher at 1.5860 percent, while the yield on the 30-year Treasury bond was also higher at 2.3130 percent. Two-year note yields also rose, to trade at 0.7101 percent. A bond's yield moves inversely to its price.
Economists expect a solid 180,000 jobs were created in July and that wages rose modestly, following two months this spring where it looked as though hiring went from bust to boom.