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Strong non-farm payroll data dampens expectations of Federal Reserve rate cuts
Mars Finance News, according to Jintiao reports, interest rate strategist Ira Jersey’s latest comment states that the better-than-expected non-farm payroll data highlights that the United States is still far from a recession, so it is unlikely that the Federal Reserve will choose to cut interest rates under these circumstances. Considering that the interest rate market has already largely priced out expectations of a rate cut, it is expected that U.S. Treasury yields will not experience significant fluctuations.