U.S. Treasury yields edged higher on Wednesday after the release of stronger-than-expected jobs data. The 10-year Treasury yield rose slightly to 4.7%, while the 2-year yield also saw a modest increase.

The upbeat employment figures bolstered expectations of continued economic growth, which can lead to higher inflation and potentially prompt the Federal Reserve to maintain its current monetary policy stance. This, in turn, puts upward pressure on Treasury yields.

Investors are closely monitoring economic data releases for further clues about the direction of the economy and the Fed’s future policy decisions.