US Bonds Fall as Strong Jobs Data Undermines Fed Cut Outlook - Bloomberg.com

Stronger U.S. jobs data and steady unemployment pushed Treasury yields higher as traders pared back near-term rate-cut bets, and potential Japanese repatriation could add supply pressure. New strategist warnings note that long-term yields may remain elevated even if the Iran war ends because real yields and global flow dynamics are increasingly important, so markets are balancing domestic signals with persistent structural drivers that could delay easing.