U.S. Treasury yields were lower Monday, continuing a fall after Friday's April jobs report showed weaker-than-expected payrolls growth and an unexpected tick higher in unemployment.
The yield on the 10-year Treasury was off 2 basis points to 4.4975%.
The 2-year Treasury yield was slightly lower to 4.8056%.
U.S. payrolls rose by just 175,000 last month, the Bureau of Labor Statistics said on Friday, short of the Dow Jones estimate from economists of 240,000.
Wage growth was also less than expected, the report showed.
Persons:
Dow Jones
Organizations:
Treasury, of Labor Statistics