US yields lose steam after payrolls report

U.S Treasury yields fell on Friday as investors were calmed by data revealing the country's labour market growth, thereby alleviating concerns that the Federal Reserve would aggressively increase interest rates. Although nonfarm payrolls increase in June fell shy of economists' expectations, having increased by 209,000 jobs against the predicted 225,000, the unemployment rate still dropped in June to 3.6% from May's 3.7%.

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