CoinVoice has learned that stronger-than-expected U.S. employment data shows that tariff uncertainty has not yet had a substantial impact on the U.S. job market, prompting traders to reduce bets on Federal Reserve interest rate cuts, subsequently leading to a fall in U.S. Treasury bonds.

After the non-farm payrolls increased by 177,000, the two-year Treasury yield rose by 7 basis points to 3.77%. Traders reduced bets on rate cuts by The Federal Reserve (FED), expecting an overall rate cut of about 85 basis points this year, compared to pre-report expectations of around 90 basis points.