The 10-year U.S. Treasury yield jumped Friday after the February jobs report topped expectations, sending the benchmark yield to its highest level this year.The yield on the 10-year Treasury note was trading at 1.617% at 8:40 a.m. ET after hitting an intraday high of 1.626%. The yield on the 30-year Treasury bond rose to 2.34%. Yields move inversely to prices.At 8:30 a.m., the Labor Department reported that the U.S. added 379,000 jobs in February, much stronger than expectations of a 210,000 gain. The unemployment rate fell slightly to 6.2%. The jobs surge comes after the labor market’s recovery had turned sluggish in …
