Treasury yields advanced Friday as investors parsed the hotter-than-anticipated jobs data.

The 10-year Treasury yield added more than 10 basis points to 4.50%. The 2-year yield rose more than 11 basis points to 4.041%, while the 30-year bond yield advanced more than 7 basis points to sit at 4.956%.

One basis point equals 0.01%. Yields and prices move inversely in the bond market.

Nonfarm payrolls rose by 139,000 jobs in May, exceeding the consensus forecast of 125,000 from economists polled by Dow Jones, according to data released Friday morning. The unemployment rate held steady at 4.2%.

This report can offer insights into how, or if, companies have changed their hiring outlooks amid the rollout of President Donald Trump’s on again, off again tariff policy.

A better-than-expected rea

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