Bonds Lower

Treasuries were lower Friday after employment data dipped to a four-year low

Bonds opened softer and never really looked back Friday after the release of nonfarm payroll data, according to Informa. Nonfarm payroll rose 146,000 and the rate dipped to a four-year low of 5% in June. The employment data shows signs of a strengthening economy keeping the Fed in the picture. The yield on the 10-year Treausyr rose to 4.11%.

Traders are bracing for next week's heavy economic calendar, including trade, retail sales, inflation, and production data, along with 5-year and TIPS supply, according to S&P's MarketScope. European bonds finished day little changed after scoring modest gains yesterday on flight to safety from London bombings.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE