MW: U.S. Treasurys sink on jobs report; dollar rises
By Ben Eisen
NEW YORK (MarketWatch) -- Treasury prices sank and the U.S. dollar strengthened Thursday after a monthly report showed 288,000 new jobs were created in June, far above the consensus estimate of 215,000. The 10-year Treasury note 10_YEAR +0.15% yield, which rises as prices fall, was up 4.5 basis points on the day at 2.674%. The 30-year bond 30_YEAR +0.32% yield rose 3 basis points to 3.499% and the 5-year note 5_YEAR -0.12% yield rose 5 basis points to 1.763%. The U.S. dollar rose against the yen USDJPY +0.33% to ¥102.14 versus ¥101.92 before the report. The ICE dollar index DXY +0.36% rose to 80.240 versus 80.058 before the report.