10-year Treasury yields rise after better-than-expected employment report

10-year Treasury yields rose on Friday as investors digested a better-than-expected U.S. employment report.

The yield on the 10-year Treasury benchmark rose 4 basis points to 2.96%. The yield on the 30-year Treasury bond rose 5 basis points to 3.13%. Yields are reversed in price and 1 basis point equals 0.01%.

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– CNBC’s Hannah Miao and Pippa Stevens contributed to this article.

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