Treasury yields remain lower after jobs report, investors flock to safety amid Ukraine crisis

Treasury yields slumped on Friday as investors continued to buy safe-haven assets amid Russia-Ukraine conflict. The decline in yields came even after a strong jobs report. The yield on the benchmark 10-year Treasury note dropped 10 basis points to 1.736%. The yield on the 30-year Treasury bond fell 8 basis points to 2.142%. … 1 basis point is equal to 0.01%. Nonfarm payrolls for January grew by 678,000 and the unemployment rate was 3.8%, the Labor Department’s Bureau of Labor Statistics reported Friday. That compared to estimates of 440,000 for payrolls and 3.9% for the jobless rate.
Source: CNBC – Bonds