The Zhou Dynasty announced the non-farm employment data for May.

After more data shows a slowdown in the U.S. job market, Treasury traders expect the Federal Reserve to start cutting interest rates earlier. They have adjusted their forecast for the first rate cut from October to September and anticipate at least one more cut by the end of the year. On Friday, the U.S. will release the non-farm payroll data for May, and the increase in initial jobless claims has led to a repricing of interest rate swap contracts linked to the Fed's meeting. The U.S. Treasury market also rebounded, following the largest single-day gain in two months on Wednesday, as investors reacted to the weak employment indicators.