Treasury yields fall as softer payrolls data lands, 10s +6bp · desk brief, Fri 07 Aug 2026
Treasuries (close 2026-08-06): 2s 4.25% (+7.0bp), 10s 4.69% (+6.0bp), 30s 5.22% (+5.0bp).
Tape (close 2026-08-06): VIX 15.15, 2s10s +44bp.
Narrative: Gold price hits highest level since June on weak payrolls data and Hormuz deal hopes
What mattered:
• Treasury yields fall as softer payrolls data lands
• Nonfarm Payrolls: -23K
• Markets Rally on Weak Jobs Report | Closing Bell
• Easing Interest Rate Concerns Contribute To Strength On Wall Street
• US Treasury Sparks Debate Over Auction Cutbacks to Temper Yields