On January 7, 2026, the U.S. Treasury market showed muted reaction to U.S. intervention in Venezuela, with traders focusing more on the non-farm payroll report for December 2025 released on Friday and the U.S. Supreme Court's ruling on the legality of Trump's global tariffs.
The current 10-2 year Treasury yield spread has reached a 9-month high, reflecting market expectations for Fed rate cuts in 2026.
Non-farm data will influence interest rate expectations, which will in turn affect cryptocurrency asset prices; the inflation-growth contradiction brought by the tariff ruling will also impact t
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