Ira Jersey: Strong non farm payroll data reduces the possibility of Fed interest rate cuts

Interest rate strategist Ira Jersey said that stronger than expected non farm payroll data indicates that the United States is far from recession, and the possibility of the Federal Reserve cutting interest rates in this situation is low. The yield of treasury bond bonds is not expected to fluctuate significantly. (Golden Ten) AI interpretation: Strong non farm payroll data significantly reduces the likelihood of the Federal Reserve cutting interest rates, indicating that the US economy remains resilient. This data has strengthened the market's confidence in economic growth and is expected to have a stabilizing effect on the yield of treasury bond. The strong performance of non farm employment also means that the labor market remains tight, further supporting the continued high interest rate environment.