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LONDON: Germany's benchmark 10-year bond yield hit a seven-week low on Friday, while stocks in the euro area fell, after weaker-than-expected US jobs numbers.
US nonfarm payrolls increased by 261,000 jobs in October - the largest gain since July 2016 but well below economists' expectations for an increase of 310,000 jobs after a sharp slowdown in job growth the previous month.
US Treasury yields fell, dragging European peers with them. The German 10-year bond yield dipped to 0.35 percent , its lowest level in around seven weeks.
The pan-European STOXX 600 fell to a session low after the data, erasing earlier gains to trade flat on the day. Britain's FTSE 100 also hit a day's low to trade flat.
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