US2Y and US10Y drop to 5-month lows as latest jobs report sends yields lower

3 days ago 1

U.S. Treasury yields fell on Friday after a weaker-than-expected jobs report added to concerns about slowing labor market momentum.

The rate-sensitive U.S. 2 Year Treasury yield (US2Y) dropped 11 basis points to 3.48%, while the benchmark U.S. 10 Year Treasury yield (