Odaily News The US non-farm payrolls data on May 2 showed an increase of 177,000 jobs, exceeding expectations, and tariff uncertainty did not affect the job market. The yield on Treasury bonds rose 7 basis points to 3.77% in two years, so traders reduced their expectations of interest rate cuts, and the rate cut in 2025 is expected to drop from 90 basis points to about 85 basis points. (Jinshi)