U.S. Treasury yields inch lower as investors await key August jobs report

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U.S. Treasury yields were lower on Friday as investors prepared for a key jobs report and monitored the state of the U.S. economy.

The benchmark 10-year Treasury yield was down more than 2 basis points to 4.155%, while the 2-year Treasury yield was lower by less than one basis point at 3.587%. The 30-year Treasury rate fell more than 2 basis points to 4.85%.

One basis point equals 0.01% and yields and prices move in opposite directions.

The Labor Department’s nonfarm payrolls report is set to be released on Friday morning, and economists polled by Dow Jones expect nonfarm payrolls to have increased by 75,000 in August.

U.S. Treasury yields inch lower as investors await key August jobs report

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