Treasury yields rise after strong jobs gains

U.S. government debt yields rose on Friday after the U.S. government said that job creation was stronger than expected in March, but wages grew at a sluggish pace. The yield on the benchmark 10-year Treasury note rose to 2.538%, while the yield on the 30-year Treasury bond climbed to 2.947%. Job creation snapped higher in March after an anemic February print, with nonfarm payrolls expanding by 196,000, according to a Bureau of Labor Statistics report released Friday.