10-year Treasury yield jumps after stronger-than-expected jobs report
1. April's nonfarm payrolls rose 177,000, exceeding expectations. 2. Unemployment held steady at 4.2%, indicating robust labor market stability. 3. Treasury yields rose, reflecting investor optimism over economic data. 4. China may initiate trade talks with the U.S., easing tariff tensions. 5. Interest rates are likely unchanged, boosting market confidence.