Reported about 23 hours ago
US Treasuries fell following stronger-than-expected employment figures, which have led traders to lower their predictions for imminent Federal Reserve interest rate cuts. The job market remains resilient, with non-farm payrolls rising by 177,000, prompting economists at Goldman Sachs and Barclays to push their forecasts for rate cuts to July. As investors reassess economic conditions, uncertainty regarding tariffs continues to complicate the outlook.
Source: YAHOO