Yes, The Federal Reserve helped keep interest rates low for a long time. Hence, they deserve their own march. The March of The Federal Reserve.
A positive jobs report and a roaring economy led to the US Treasury 10-year yield rising over 10 basis points today to 3.168%
As The Fed announced the end of QE3 in 2014 then began shrinking its balance sheet by allowing securities to mature, the 10-year T-Note yield has risen.
Fortunately, the US economy is running on all cylinders, so The Fed feels comfortable … for the moment .. to keep rates rising.
As a result, the US Treasury 10Y-2Y curve widened.