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Strong Jobs Lift 10-Year Yield, 70% Fed Hike

6/9/2026

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Story summary
  • U.S. Treasury yields moved mixed on June 8, 2026 after a stronger-than-expected jobs report raised expectations of a Federal Reserve rate hike.
  • The two-year note yield fell 0.9 basis points to 4.153%.
  • The benchmark 10-year yield rose 1.4 basis points to 4.55%.
  • Fed funds futures traders now see a 70% chance of a rate hike by December.