Treasury yields fell to new 2019 lows after the U.S. economy added fewer jobs last month than economists had expected
U.S. government bond yields fell to fresh 2019 lows Friday after the Labor Department said the economy added fewer jobs in May than economists had expected.
The yield on two-year Treasury notes, which tend to move with investors’ expectations for Federal Reserve interest-rate policy, fell to a recent 1.785%, according to Tradeweb, from 1.880% before the report. The yield on the benchmark 10-year Treasury note fell to 2.060% from 2.105% before the report.
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