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U.S. yields rise further as job growth rebounds

Credit: REUTERS/BRENDAN MCDERMID

U.S. Treasury yields rose to session highs on Friday, with 10-year yields touching 2%, as domestic payrolls grew more than forecast in June, alleviating anxiety that the current U.S. economic expansion is fading. [nLNS5IEF6Q]

NEW YORK, July 5 (Reuters) - U.S. Treasury yields rose to session highs on Friday, with 10-year yields touching 2%, as domestic payrolls grew more than forecast in June, alleviating anxiety that the current U.S. economic expansion is fading.

At 8:51 a.m. (1251 GMT), benchmark 10-year Treasury yields US10YT=RR were up 5.80 basis points at 2.013%. They hit 1.939% on Wednesday, which was their lowest level since November 2016.

(Reporting by Richard Leong Editing by Chizu Nomiyama)

((richard.leong@thomsonreuters.com; +1 646 223 6313; Reuters Messaging: richard.leong.thomsonreuters.com@thomsonreuters.net; Twitter @RichardLeong2))

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