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RE: LeoThread 2025-01-12 05:27

The yield on the US 10-year Treasury note rose to almost 4.79% on Friday, the highest in 14 months, after payrolls report came stronger than expected, reinforcing the view that Fed would need to slow down rate cuts. The US economy added 256K jobs in December, much above 212K in November, and market expectations of 160K. Also, the jobless rate unxpectedly declined to 4.1%.