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MW: Treasury yields jump on strong jobs data
 
By Ben Eisen
NEW YORK (MarketWatch) -- Treasury yields jumped higher Wednesday after a report showed that the private-sector added 215,000 jobs in November, beating the expectations of economists. The report, a preliminary reading before the highly watched nonfarm payrolls data, added to fears that an improving economy could push the Federal Reserve to curtail its bond-buying stimulus sooner than expected. The benchmark 10-year note 10_YEAR +1.76% yield, which moves inversely to price, rose 4.5 basis points to 2.832% after the news. The 30-year bond 30_YEAR +0.99% yield rose 3.5 basis points to 3.883%, and the 5-year note 5_YEAR +3.65% yield rose 4.5 basis points to 1.442%.
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