CoinVoice has recently learned that stronger-than-expected U.S. employment data shows that tariff uncertainties have not yet had a significant impact on the U.S. job market, prompting traders to reduce bets on Fed rate cuts, leading to a decline in U.S. Treasury bonds.

After non-farm payrolls increased by 177,000, the two-year Treasury yield rose by 7 basis points to 3.77%. Traders reduced their bets on Fed rate cuts, expecting an overall rate cut of about 85 basis points this year, compared to the pre-report expectation of around 90 basis points.[Original link]