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Treasury yields lower as investors await June's big jobs report

1. U.S. Treasury yields decline as investors await June jobs report. 2. Economists forecast 110,000 new jobs added in June, unemployment rising to 4.3%. 3. Trump's spending bill may increase fiscal deficit by $3.3 trillion over a decade. 4. Trade deal with Vietnam involves new tariffs on various imports. 5. Private sector hiring dropped by 33,000, impacting economic sentiment.

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FAQ

Why Bearish?

The anticipated rise in unemployment and lower job growth may dampen investor confidence, similar to past economic downturns where poor job reports led to market declines.

How important is it?

The combination of declining employment data and rising unemployment typically precedes market corrections, making this situation relevant for S&P 500 investors.

Why Short Term?

Immediate responses to economic data indicate a likely short-term market reaction, as seen after previous disappointing job reports causing swift S&P 500 drops.

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