U.S. Treasury yields moved higher Wednesday in response to January job creation that was more than double what Wall Street was expecting.

The Treasury yield curve aids in predicting economic trends and interest rates. Gain insights into its impact on investment strategies.

U.S. Treasury yields rose sharply on Wednesday after the nonfarm payrolls growth shocked to the upside in January, leading to traders fully pricing the Federal Reserve cutting rates by July. The yield on the benchmark 10-year Treasury note (US10Y) rose five basis points to 4.

Treasury yields have pushed lower on Friday, touching their lowest levels of the year so far, after the equity market opened for business. Meanwhile, interest-rate futures traders were pricing in slightly higher expectations for three Federal Reserve interest-rate cuts in 2026.

By Sarupya Ganguly BENGALURU, Feb 12 (Reuters) - Long-dated U.S. Treasury yields will hold steady in the near term but rise later this year on inflation and Federal Reserve independence concerns, while short-dated yields edge down on Federal Reserve rate cut bets,

Our weekly simulation for U.S. Treasury yields and spreads. Read the latest update in the article series, as of January 30, 2026

Treasury yields rose on stronger-than-expected U.S. job creation.

Treasury yields sit at the center of the US financial system. You see it reflected in how the federal government finances its debt, how fixed-income securities are priced, and how interest rates transmit across the economy. Movements in the US returns ...

Fed funds futures pricing shifted after the weaker-than-expected report, with traders pushing up the chances of a March cut to 21.6% from 17.2% a day before, nudging April cut odds higher as well (36.9% vs. 32.2%), but still viewing June as the first meeting where a quarter-point cut is the more likely outcome, according to CME Group data.

If you’re holding cash and want to earn something while you wait, short-term Treasury ETFs like Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) make sense. SCHO offers a straightforward way to earn Treasury yields without sacrificing liquidity or returns to fees.

If rates move considerably higher after the strong run in equities, the pairing could create a bearish scenario, Frank Cappelleri says.