August 2, 2019 / 12:54 PM / 24 days ago

TREASURIES-U.S. yields pare fall after jobs data in line with expectations

NEW YORK, Aug 2 (Reuters) - U.S. Treasury yields trimmed their earlier decline on Friday as a government report showed domestic payrolls slowed last month in line with analyst forecasts but did not weaken enough to prompt the Federal Reserve to consider more rate cuts.

At 8:48 a.m. (1248 GMT), the yields on benchmark 10-year government notes were 2.30 basis points lower at 1.869%. They rose from 1.832% earlier Friday, which was the lowest since Nov. 9, 2016. (Reporting by Richard Leong; Editing by Bernadette Baum)

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