Treasury yields extended their drop after the softer-than-expected jobs report, with the 10-year rate dropping more than 11 basis points to 4.55% after having briefly nudged above 5% for the first time since 2007 last month.
The 2-year yield dropped 10 basis points to 4.874%. Stock-index futures moved higher, with equities on track for strong weekly gains. Dow futures were up 144 points,, or 0.4%, while S&P 500 futures gained 0.5% and Nasdaq-100 futures were up 0.3%>