By Ben Eisen
NEW YORK (MarketWatch) -- Treasurys weakened significantly Friday after the release of a surprisingly positive nonfarm payrolls report. The U.S. economy created 165,000 jobs in April, bringing the unemployment rate down a tick to 7.5%. The data beat economist expectations of 135,000 additional jobs, according to a MarketWatch survey. As investors exited the security of the Treasury market, the 10-year note 10_YEAR +0.18% yield climbed nearly 6 basis point to 1.683%. The 30-year bond 30_YEAR +0.11% yield climbed almost 8 basis points to 2.897% while the 5-year note 5_YEAR -1.22% yield climbed nearly 4 basis points to 0.69%.
