The market seems to interpret the non-farm payrolls as a sign of a stable labor market, and the Federal Reserve will focus on lowering inflation.

SmartContractAuditor · 2026-04-03T14:10:20+00:00

Odaily Planet Daily reports: A New York Times financial market reporter in New York stated that today’s stock market is closed for the Easter holiday, but the bond market is still trading, with trading hours continuing until noon local time. Investors initially seemed to interpret the new data as, “With the labor market still solid, the Federal Reserve can focus on lowering inflation.” This likely indicates higher interest rates. The two-year U.S. Treasury yield, which is sensitive to interest rate expectations, surged to 3.85% after the data was released. (Jin10)

SmartContractAuditor

2026-04-03 14:10:20

Odaily Planet Daily News reports that a financial markets reporter for The New York Times in New York said that today the stock market is closed due to the Easter holiday, but the bond market is still trading, with trading hours continuing until local noon. Investors initially seemed to interpret the new data as, “Against the backdrop of a still-solid labor market, the Federal Reserve can focus on bringing down inflation.” This likely points to higher levels of interest rates. The yield on the two-year U.S. Treasury, which is highly sensitive to changes in rate expectations, jumped sharply to 3.85% after the data was released. (Jin10)

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