Treasury yields experienced a slight increase as traders analyzed the latest jobs data and its potential impact on the Federal Reserve's interest rate decision next week.

The yield on the 10-year U.S. Treasury rose by 1 basis point to 4.17%, while the 2-year Treasury yield also climbed 1 basis point to 4.11%. This movement follows a week of declining yields, reflecting ongoing market adjustments.

The recent jobs report showed a nonfarm payroll increase of 227,000 for November, which is significantly higher than the revised 36,000 in October and surpasses the Dow Jones estimate of 214,000. However, the unemployment rate ticked up to 4.2%, aligning with expectations. Investors are now focused on upcoming inflation data set for release on Wednesday and the producer price index on Thursday, which could further influence market sentiment. Business confidence and mortgage data are also anticipated this week, although no major reports are scheduled for Monday. The market remains attentive to how these developments will shape the Federal Reserve's policy decisions during their meeting on December 17-18.