TREASURIES-US yields jump after stronger-than-expected jobs report

NEW YORK, April 3 (Reuters) - U.S. Treasury yields advanced on Friday after data showed the world's largest economy created a lot more jobs than expected last month, cementing expectations that the Federal Reserve will hold interest rates steady for longer and not cut them.

The benchmark 10-year yield rose 4.7 basis points after the jobs data to 4.36% US10YT=RR, while the two-year yield, which reflects interest rate expectations, climbed 6.6 bps to 3.862% US2YT=RR.