Business · Markets · 2 hrs ago
US 10-year Treasury yield rises to 4.85% after jobs data
Long-term US bond prices fell in New York on Friday after the release of October employment data.
The 10-year Treasury yield ended at 4.85%, up 0.02 percentage points from the previous day.
The data showed US employers added 165,000 nonfarm jobs in October compared with the month before.
When bond prices fall, their yields rise, so the two moves are linked.
The jobs figures slightly strengthened expectations of an earlier Federal Reserve rate increase.
The figures give investors a reason to consider whether interest rates could rise sooner, but no next policy step is stated.
The US 10-year Treasury yield ended at 4.85% on Nov. 6, up 0.02 percentage points from the previous day.
Long-term bond prices fell in the New York market, ending a three-session rise.
The October US employment report strengthened expectations of an earlier Federal Reserve rate increase.
Nonfarm payrolls rose by 165,000 from the previous month.
- Who
- Investors in the New York bond market.
- What
- The 10-year Treasury yield rose to 4.85% as long-term bond prices fell.
- When
- Nov. 6, 2026.
- Where
- New York.
- Why
- October employment data strengthened expectations of an earlier Federal Reserve rate increase.
This story does not have two clearly opposing sides.
The October US employment report was released.
Long-term bond prices fell in New York, and the 10-year Treasury yield ended at 4.85%.
- 10-year Treasury yield
- 4.85% at the close
- Daily yield change
- Up 0.02 percentage points
- October nonfarm payrolls
- Increased by 165,000 from the previous month
- Market move
- Long-term bond prices fell after rising for three sessions