US Bonds Slide as Strong Jobs Data Fuels Bets on 2026 Fed Hike (opens in new tab)

(Bloomberg) -- Bond traders fully priced in a Federal Reserve interest-rate hike by the end of this year after US job growth topped all forecasts in May, spurring yields higher in the $31 trillion Treasuries market.Most Read from BloombergBecerra Advances for California Governor as Hilton Fights SteyerTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSpaceX I