By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices remained higher on Friday, pushing yields down, after a report showed the U.S. economy shed 20,000 jobs in January, while economists expected the economy to add jobs last month. Yields on 10-year notes fell 1 basis point to 3.61% after the report, which also said the unemployment rate fell to 9.7%, while economists expected the rate to remain at 10%. Treasurys had been up before the data, extending a rally that began on Thursday amid heightening fears that the U.S. economic recovery wouldn't be so strong and as credit risks in some European countries jumped, increasing demand for the relative safe haven of U.S. Treasurys.
