Treasuries Pare Weekly Gains After Strong October Jobs Data Revives Fed Rate-Hike Bets

Summary

US Treasuries pared a steep weekly advance after strong October employment data revived bets on a Federal Reserve interest-rate hike at its next meeting in December. Earlier in the week, the market's gains had been driven by haven demand, and Treasuries had erased part of those gains heading into the Friday jobs report. A Bloomberg video report says the bond market is being traded as a safe haven from AI volatility, citing JPMorgan Asset Management portfolio manager Priya Misra.

Timeline

1. Bloomberg

   6 Nov 2026, 13:47 UTCSource ↗

   Bloomberg reports that the Treasury market pared a steep weekly advance after strong October employment data revived wagers on a Federal Reserve interest-rate hike next month.

2. Bloomberg

   6 Nov 2026, 17:49 UTCSource ↗

   Bloomberg's video report says Treasuries had erased part of the week's steep haven-driven gains heading into the jobs report, and that strong jobs data fortified a tech rebound, with JPMorgan Asset Management's Priya Misra discussing bonds as a safe-haven trade from AI volatility.