In economic news, U.S. nonfarm payrolls rose 36,000 in June from a revised lower to 24,000 in May (+41,000 previously). April was also revised down to a decline of 21,000 jobs from a gain of 6,000. The manufacturing sector remained weak as jobs declined another 23,000.
The unemployment rate edged up to 5.9% from 5.8%. The workweek rose 0.1 hour to 34.3. Average hourly earnings rose a larger than expected 0.4% from a revised +0.1% (+0.2% previously). These data are not as robust as hoped, but didn't help bonds.