US10Y

THE non farm employment data report has given us a reason to sell of US10Y.the lower than forecast of 73K was a big shock ,the slower job growth reflects caution amongst employers amid uncertainties related to tariff, trade and immigration policies. Wages grew with average hourly earnings increasing about 0.3% month over month. overall, the labor market shows signs of cooling but remains fundamentally resilient with payroll gains still keeping pace with working age population growth.
the US10Y COULD SLIP DOWN MORE ON ECENONOMIC OUTLOOK,IF THEY DONT DEFEND THE DEMAND FLOOR .
#US10Y #BONDS #YIELD