US yields reverse declines after weak jobs report
US Treasury yields reversed earlier declines as investors digested a weaker-than-expected September jobs report, reducing bets on Federal Reserve interest rate hikes.
US Treasury yields pared earlier declines on Friday as investors digested September’s weaker-than-expected jobs report, which dampened bets on further Federal Reserve interest-rate increases. The nonfarm payrolls report showed the US economy added 29000 jobs last month.