10-year Treasury yield rises as investors await key jobs report

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U.S. Treasury yields were higher on Friday as investors awaited a key payrolls report and monitored trade news after President Donald Trump announced a raft of new levies.

At 6:42 a.m. ET, the 10-year Treasury yield was up over 3 basis points at 4.396%. The 2-year yield was little changed at 3.953%, and the 30-year bond yield was nearly 5 basis points higher at 4.934%.

One basis point is equal to 0.01%. Yields and prices move in opposite directions.

Investors are awaiting the nonfarm payrolls report for July on Friday, set to be published in the morning, and will offer insights into the number of employed workers in the U.S. economy.

10-year Treasury yield rises as investors await key jobs report

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