The two-year US Treasury yield fell more than 3 basis points on US non-farm payrolls day.

On Friday, in the European market, the yield on German 10-year government bonds fell by 1.6 basis points to 2.679% at the close. After the release of the US non-farm payrolls report at 20:30 Beijing time, the yield jumped from near the daily high of 2.738% to below 2.7%, and after the release of the US ISM manufacturing index at 22:00, it fell to 2.639%, refreshing the daily low. The yield has dropped by 3.9 basis points this week. The yield on 2-year German bonds fell by 3.5 basis points to 1.929%, with a weekly decline of 2.0 basis points; the yield on 30-year German bonds rose by 1.2 basis points to 3.189%, with a weekly decline of 1.8 basis points. The 2/10-year German bond yield spread increased by 1.856 basis points to +74.612 basis points, with a weekly decline of 1.874 basis points.