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https://www.wsj.com/articles/treasury-yields-climb-after-strong-jobs-report-824ae4df

Treasury Yields Climb After Strong Jobs Report

Investors now think there is a roughly 70% chance that Fed will raise rates by 0.25 percentage point in May

The Federal Reserve could raise rates by 0.25 percentage point at its next meeting in May, some investors believe.Photo: Jonathan Ernst/REUTERS
By Sam Goldfarb

U.S. government bond prices fell Friday, pushing yields higher, after the latest jobs numbers suggested that there remains substantial demand for workers despite some recent signs of a weakening economy.

The yield on the benchmark 10-year U.S. Treasury note settled at 3.382%, according to Tradeweb, compared with 3.318% just before the report was released and 3.288% Thursday.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.