--- title: "US bond yields split as jobs data fuels Fed hike bets" type: "News" locale: "en" url: "https://longbridge.com/en/news/289103052.md" description: "Stronger-than-expected US jobs data has shifted market expectations toward a Federal Reserve rate hike by December, reversing prior rate-cut bets. Consequently, the yield curve steepened as two-year yields dipped and 10-year yields rose. Persistent oil-driven inflation concerns remain, with core CPI expected to ease monthly but accelerate annually, maintaining pressure on the Fed." datetime: "2026-06-08T21:03:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289103052.md) - [en](https://longbridge.com/en/news/289103052.md) - [zh-HK](https://longbridge.com/zh-HK/news/289103052.md) --- # US bond yields split as jobs data fuels Fed hike bets Jobs data impact: A stronger-than-expected employment report shifted market bets toward a Fed rate hike by December, reversing earlier rate-cut expectations. Yield curve shift: Two-year yields dipped while 10-year yields rose, steepening the curve to 40 basis points amid changing interest rate outlooks. Inflation concerns: Oil-driven inflation fears persist, with core CPI expected to ease monthly but accelerate annually, keeping pressure on the Fed. ### Related Stocks - [TLT.US](https://longbridge.com/en/quote/TLT.US.md) - [SHV.US](https://longbridge.com/en/quote/SHV.US.md) - [GOVT.US](https://longbridge.com/en/quote/GOVT.US.md) - [IEF.US](https://longbridge.com/en/quote/IEF.US.md) - [BIL.US](https://longbridge.com/en/quote/BIL.US.md) ## Related News & Research - [This chart shows why AI will eventually mean lower bond yields](https://longbridge.com/en/news/286774916.md) - [TREASURIES-Yields slip after unemployment data surprises to the upside](https://longbridge.com/en/news/287227456.md) - [Ahead of a Fed Rate Hike Later in 2026, Make This 1 Trade Now](https://longbridge.com/en/news/289596989.md) - [Strategist sees market dip as yields fuel Fed hike fears](https://longbridge.com/en/news/289627503.md) - [AT&T And Verizon: The Higher Yield Has The Thinner Cushion.](https://longbridge.com/en/news/289351090.md)