CoinWorld news, the weaker-than-expected non-farm payroll report has led traders to lower their expectations for Federal Reserve rate hikes in the coming months, causing U.S. Treasuries to rise. The yield on the two-year Treasury note, which is most sensitive to changes in monetary policy, fell 6 basis points to 4.11%, while the yield on the 10-year Treasury note fell 2 basis points to 4.46%. Fed interest rate swaps show that traders now see about a 20% chance of a rate hike at the Fed's meeting later this month, down from 33% before the data release. The market has priced in fewer than two quarter-point rate hikes by March 2027.

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GateUser-f85bc167
· 2h ago
Wait and see the CPI. A weak non-farm payroll doesn't mean weak inflation. Don't pop the champagne too early.
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StardustRouter
· 2h ago
A 20% probability is basically equal to the market’s view that a rate hike won’t happen—yet Powell’s remarks are always hard to predict.
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MistValleyFront
· 2h ago
From below 33% to 20%, the decline is quite significant, and the bond market reaction is very honest.
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MetalFrameBookPageCross
· 3h ago
Two-year yield down 6bp, funds are front-running the easing narrative.
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HodlBystander
· 3h ago
Interest rate hike expectations cool down, risk assets breathe a sigh of relief.
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