NEW YORK: US Treasury yields briefly pared their earlier rise before hitting fresh two-week highs on Friday as US employers picked up their hiring in March while wage growth slowed, offering a mixed picture on the domestic labor market.
At 8:57 a.m. (1257 GMT), the yields on benchmark 10-year Treasury notes were 2.520%, up 1 basis point from late on Thursday. It touched a two-week peak at 2.544% shortly after the release of the March payrolls report.
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