The yield on the benchmark 10-year Treasury note slipped to 3.3626%, while the yield on the 30-year Treasury bond dipped to 3.5811%.
The Labor Department reported Friday that payrolls grew by 236,000 for the month, compared to the Dow Jones estimate for 238,000.
The Fed chair needs to balance the committee’s rate decision with the counterweight of his commentary.
The Federal Reserve will likely not raise interest rates at its March meeting as there is still a “boatload of uncertainty” said Mark Zandi of Moody’s Analytics.
Ford plans to restart production of its electric F-150 Lightning pickup on March 13 – more than a month after a battery issue caused a vehicle to catch fire.
Chinese tech giant Baidu said Wednesday its artificial intelligence product Ernie bot is set to open to the public next month.
With Stewart Butterfield’s departure from Slack on Monday, Salesforce shares continued a drop from last week, spurred by the exit of co-CEO Bret Taylor.