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US Treasuries Soar as Slower Job Growth Boosts Fed Rate-Cut Bets

Markets

Ye Xie, Michael Mackenzie, Elizabeth Stanton

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August 1, 2025

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Bloomberg

Treasuries rallied, with short-term yields posting their biggest drop in a year, after softer US jobs data prompted traders to boost bets that the Federal Reserve will lower interest rates as soon as next month.

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