Mumbai, Sept. 8 -- The US treasury yields eased on Friday after a key US jobs report showed rise in unemployment rate and tepid pace of hiring in August. The benchmark 10-year Treasury yield declined more than 8 basis points to 4.091% and had reached the lowest level in around four months. The 2-year Treasury yield also slipped near 3.50% mark, testing a five-month low. The 30-year Treasury yield fell more than 10 basis points to 4.77%. The US Labor Department said non-farm payroll employment gained by 22,000 jobs in August after climbing by an upwardly revised 79,000 jobs in July. However, the Labor Department said the unemployment rate rose by 4.3% in August from 4.2% in July. The US dollar index has slumped following this and currently...
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