As investors regained some risk appetite, Canadian government bond prices turned lower across the curve on Friday, following the US jobs data. "If we continue to see the equity markets bounce, we should see bond prices stay under pressure and bond yields nudge higher," said Davis.
The two-year bond was down 5 Canadian cents at C$100.43 to yield 1.287 percent, while the 10-year bond was down 50 Canadian cents at C$103.00 to yield 3.372 percent.