Treasuries continued to rally on the eve of the May employment report and participants said the market seems prepared to extend the gains if today's statistic come in as expected.

Prices ended higher across the board, led by the 30-year government bond, which closed up more than 1/2 a point, to yield 7.33%.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.