Treasury yields rose Friday, as a healthy jobs report encouraged investors to move back into stocks.

U.S. stocks jumped after four days of losses, after the government's jobs report showed that hiring had picked up in July. The Standard & Poor's 500 jumped 2 percent.

The effect in the bond market was also pronounced.

The yield on the government's benchmark bond, the 10-year Treasury, jumped to 1.57 percent from 1.48 percent.

The yield is the interest rate the government has to pay to persuade investors to buy its bonds. When investors are feeling confident, the government has to pay a higher yield because investors are more willing to put their money into riskier investments like stocks.

The price of the 10-year Treasury, which moves in the opposite direction of the yield, fell 81.25 cents for every $100 invested.

Yields were also up for other key bonds. The yield on the 30-year bond jumped to 2.65 percent from 2.55 percent. The price fell $2 for every $100 invested.

The yield on the two-year Treasury note rose to 0.24 percent from 0.22 percent.

The yield on the three-month Treasury bill was an exception, falling to 0.08 percent from 0.09 percent.