Treasuries Drop as Strong Jobs Data Curb Bets on Fed Rate Cuts

Published on June 6, 2025

Treasuries fell as faster-than-expected US job and wage growth prompted traders to trim back bets that the Federal Reserve will cut interest rates this year.

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Employment Report: 139K Jobs Added in May, More Than Expected

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The latest employment report showed that 139,000 jobs were added in May, down from 147,000 in April but higher than the expected 126,000 addition. Meanwhile, the unemployment rate remained at 4.2%, as expected.

Wall Street Has a Hot Way to Sell Private Assets to the Masses

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