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The non-farm payroll report was below expectations, and U.S. Treasury yields fell to 4.1%
By: rootdata|2026/03/06 22:43:30
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According to Jinshi reports, although the recent rise in oil prices may exacerbate inflation, the disappointing non-farm payroll report has boosted market expectations for the Federal Reserve to cut interest rates this year, leading to an increase in U.S. Treasury prices. The yield on the 10-year U.S. Treasury fell by 3 basis points to 4.1%, while the yield on the 2-year U.S. Treasury dropped by 5 basis points to 3.53%. Interest rate swaps indicate that traders are betting the Federal Reserve will cut rates a total of 44 basis points before December.
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