TREASURIES-US yields jump after strong payrolls

BY Reuters | TREASURY | 07/03/25 08:42 AM EDT

NEW YORK, July 3 (Reuters) - U.S. Treasury yields bounced on Thursday after data showed the world's largest economy created more jobs than expected last month, supporting the Federal Reserve's patient stance in cutting interest rates.

U.S. two-year yields, which track interest rate expectations, rose 9.5 basis points to 3.879%, while the benchmark 10-year yield gained 4.9 bps to 4.344% . (Reporting by Gertrude Chavez-Dreyfuss; Editing by Alex Richardson)

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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