Bond Report: Treasury yields surge after blockbuster U.S. July jobs data

by | Aug 5, 2022 | Stock Market

Treasury yields jumped sharply Friday after a much stronger than expected U.S. July jobs report stoked expectations the Federal Reserve will continue to aggressively raise interest rates to contain inflation.What yields are doing
The yield on the 2-year Treasury note
TMUBMUSD02Y,
3.217%
rose 21.3 basis points to 3.248% at 3 p.m. Eastern on Friday and has risen for five of the past six trading days.

The 10-year Treasury note yield
TMUBMUSD10Y,
2.834%
rose 16.4 basis points to 2.838%

The 30 year Treasury bond yield
TMUBMUSD30Y,
3.072%
rose 8 …

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