Yields steady amid solid jobs report, tariff fight

The Department of Labor said that total nonfarm payrolls increased by 157,000 for the month, below the 190,000 expected. Also weighing on Treasury yields was an announcement from the Chinese government that the country will slap an additional $60 billion in tariffs on U.S. goods. U.S. government debt yields slipped Friday after the U.S. government reported that payroll growth slowed in July and an announcement from the Chinese government that Beijing will impose tariffs on roughly $60 billion in U.S. goods.