分析：Strong Nonfarm Payrolls Makes It Harder for the Fed to Cut Rates

Odaily Planet Daily News Interest rate strategist Ira Jersey noted in a latest commentary that the stronger-than-expected nonfarm payrolls data highlights that the US is still far from a recession. It is difficult to see the Fed choosing to cut rates under these circumstances. Considering that the rate market has largely priced out expectations of a rate cut, we believe there will not be significant volatility in US Treasury yields. (Jinshi)