Treasurys are tumbling (TLT, TBT)

The US Treasury market is under pressure following the disappointing jobs report which showed the addition of 156,000 nonfarm jobs (175,000 expected) in December as the unemployment rate ticked up to 4.7%. The report did however have some good news in the form of average hourly earning, which hit a post-recession high of up 2.9% year-over-year. 
Selling across the Treasury complex has yields higher for the first time in 2017, with the belly of the curve climbing by more than 8 bas