Macro Finance
US Treasuries Rally as Soft Jobs Data Trims Fed Rate-Hike Bets
Bloomberg Markets·August 7, 2026·1 min read
US Treasuries rallied after data showed employers unexpectedly cut jobs in July, suggesting labor market challenges that could impact the Federal Reserve's willingness to raise interest rates. The bond market move reflects growing expectations that the Fed may hold rates steady or cut them later this year.
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