Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

U.S. Treasuries Getting HAMMERED

U.S. government bonds are getting absolutely hammered by today's jobs report. The ten-year has jumped to around 2.75%. Remember when yields were below 2.5%? It was just a two days ago. Even the 30-year has been hit by a .12% jump in yield.

That's all it takes. Imagine if the jobs picture actually improves further...

Chart

Gold diving as well...

Chart



Read more: http://www.businessinsider.com/us-treasuries-getting-hammered-2010-9#ixzz0yTpEzrBZ


Disclosure: No Positions