US Treasury Yields Fall After NFP Report, 10-Year at 4.457%

According to Jinshi data, US Treasury yields declined following the release of the Nonfarm Payrolls (NFP) report. The 10-year Treasury yield dropped 1.76 basis points to 4.457%. The NFP data often triggers adjustments in market expectations regarding Fed monetary policy, influencing bond yield movements. This decline may reflect expectations of a cooling labor market, potentially providing some support for risk assets including cryptocurrencies.