Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 16, 2026. Treasury yields fell Friday after data showed the U.S. economy unexpectedly lost 23,000 jobs in July, raising fresh concerns about the labor market while dimming the immediate outlook for higher Fed interest rates. The yield on the 10-year U.S. Treasury note — the main benchmark for mortgages, auto loans and credit card debt — was off by more than 3 basis points at 4.639%. The 30-year Treasury yield slipped 2 basis points to 5.192%. One basis point equals 0.01 percentage point, and yields and prices move inversely.