TechubNews
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Techub News reports that stronger-than-expected U.S. employment data shows that tariff uncertainties have not yet had a substantial impact on the U.S. labor market, prompting traders to reduce bets on Federal Reserve rate cuts, leading to a decline in U.S. Treasury bonds. After a non-farm payroll increase of 177,000, the two-year Treasury yield rose by 7 basis points to 3.77%. Traders have cut bets on Federal Reserve rate cuts, expecting an overall reduction of about 85 basis points this year, compared to previous expectations of around 90 basis points before the report was released.

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