RTRS; TREASURIES-Bonds extend loss after March payroll decline
U.S. government debt prices fell on Friday, adding to earlier losses after data showed March job losses were not as massive as some traders had feared.
U.S. employers shed 663,000 jobs in March, compared with the 650,000 loss forecast among economists polled by Reuters. The February reading was a decline of 651,000.
The unemployment rate climbed to 8.5 percent, matching analyst expectations, up from February's 8.1 percent.
Benchmark 10-year Treasury notes were down 12/32 in price, compared with a 2/32 fall shortly before the jobs data. Their yield which moves in the opposite direction to their price was 2.82 percent, versus 2.79 percent prior to the data and 2.77 percent late on Thursday.
