U.S. Government Bond Yields Slide After Jobs Data

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Investors drove yields on U.S. government bonds to multimonth lows Friday, with worries about tighter monetary policy and the Omicron variant weighing on expectations for economic growth.

The yield on the benchmark 10-year Treasury note recently traded at 1.396%, according to Tradeweb. That is down from 1.447% at Thursday’s close and around 1.47% earlier in the session.

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