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Weak US jobs report could trigger rally for bond traders, but May data told a different story
Bond traders expected weak May 2026 jobs data to trigger a Treasury rally. Instead, 172,000 new payrolls sent yields surging and Bitcoin tumbling toward
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May jobs report crushes expectations with 172,000 new positions, complicating Fed rate cut hopes
The May 2026 BLS jobs report added 172,000 positions, roughly double the consensus forecast. Here's what the strong labor data means for crypto investors.
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Weak US jobs report could trigger rally for bond traders, but May data told a different story
Bond traders expected weak May 2026 jobs data to trigger a Treasury rally. Instead, 172,000 new payrolls sent yields surging and Bitcoin tumbling toward
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Treasuries tumble as traders price in Fed rate hike after strong jobs data
May payrolls surged to 172,000, doubling forecasts and sending Treasury yields sharply higher as traders price in a Fed rate hike by year-end.
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US stocks plunge as strong jobs data fuels rate hike fears, dragging Bitcoin below $62K
US stocks plunged as May's 172,000 job gains doubled expectations, sending the Nasdaq down 4%, Treasury yields to yearly highs, and Bitcoin below $62K.
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NASDAQ Composite drops 4% as Wall Street reacts to strong jobs report and rising rates
The NASDAQ Composite fell 4.2% after May's 172,000 jobs surprise sent Treasury yields past 4.5%. Bitcoin briefly dropped below $60K amid the risk-off move.
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Wall Street braces for market turmoil after selloff hits stocks and bonds
A blowout US jobs report crushed Fed rate-cut hopes, sending the Nasdaq down 4.2%, Bitcoin toward $60K, and crypto equities tumbling over 6%.