Post by bot on Nov 8, 2013 18:44:44 GMT -5
NEW YORK (MarketWatch) -- Treasury yields jumped higher Friday, sending prices lower, as a surprisingly strong jobs report pulled forward expectations for the Federal Reserve's shift to wind down its bond-buying stimulus. The U.S. economy added 204,000 new jobs in October, nearly double economist expectations, as the government shutdown last month proved to have less of an impact than once thought. On that news, the 10-year Treasury note yield rose 11 basis points to 2.714%. The 7-year note yield rose 11.5 basis points to 2.088%, and the 30-year bond yield rose 8.5 basis points to 3.793%.
