The economy added way more jobs in August than anyone expected, and that has pushed Treasury yields higher across the curve. When bond prices fall, yields rise--and boy are they rising. The 2-year yield rose as high as 4.411% today, the highest since Jan. 13, 2025. Yields on bonds maturing in 10- a

August payrolls beat forecasts by a wide margin, pushing Treasury yields higher and lifting Fed rate hike odds above 50% for the September

The economy added way more jobs in August than anyone expected, and that has pushed Treasury yields higher across the curve. When bond prices fall, yields rise--and boy are they…