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10-year Treasury yield extends climb ahead of U.S. jobs report

June 5, 2020

U.S. Treasury yields added to their ascent on Friday ahead of the monthly U.S. employment report, as investors sold bonds on the expectation that the economy’s gradual reopening is on track.

What are Treasurys doing?

The 10-year Treasury note yield TMUBMUSD10Y, 0.867% climbed 5.7 basis points to 0.877%, around its highs since March 19, while the 2-year note rate TMUBMUSD02Y, 0.200% was up 1.2 basis points to 0.206%. The 30-year bond yield TMUBMUSD30Y, 1.682% surged 7.3 basis points to 1.699%.

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