🔥 U.S. Unemployment Is Rising — Markets Are Already Reacting! 🇺🇸📉
According to ChainCatcher, the U.S. unemployment rate climbed to 4.6% in November, marking its highest level since 2021 ⚠️
This data has fueled expectations that the Federal Reserve may continue cutting interest rates through 2026 💵⬇️
📊 What’s happening in the bond market? — U.S. Treasury prices moved higher 📈
— Yields declined across the curve ⬇️
🔹 2-year Treasuries:
Yields briefly dropped –5 bps to 3.45%, the lowest level since October 24
🔹 10-year Treasuries:
Yields fell –4 bps to 4.14%
🤔 Markets are now pricing in around a 20% probability of a Fed rate cut in January — tension is building!
🚨 Another clear signal: the U.S. macro environment is entering a new phase, and volatility may just be getting started…
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