Market rates pulled back in response to the jobs report, which showed a slowdown in nonfarm payroll growth that has the market considering the idea that it may be enough to keep the Fed on hold.
The 2-yr note yield, at 4.93% just before the data, is down ten basis points to 4.80%.
The 10-yr note yield, at 4.20% shortly before the report, is down 12 basis points to 4.07%.
Those moves are encouraging after longer-dated Treasury yields had risen sharply over the last few sessions