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U.S. Government Bond Yields Fall After Jobs Data

U.S. Government Bond Yields Fall After Jobs Data

U.S. government bonds rallied after a better-than-expected jobs report Friday, sending the yield on the benchmark 10-year Treasury note below 1.5% for the first time in about a month.

The yield on the 10-year note recently traded at 1.467%, according to Tradeweb, down from 1.524% at Thursday’s close. The 30-year Treasury yield slipped to a recent 1.896%, down from 1.963%.

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