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On January 7, 2026, news reports that the US Treasury bond market reacted mildly to US intervention in Venezuela, with traders paying more attention to the December 2025 non-farm payroll report released on Friday and the Supreme Court's ruling on the legality of Trump's global tariffs.
Currently, the 10-2 year US bond yield spread has reached a nearly 9-month high, reflecting market bets on a Fed rate cut in 2026.
Non-farm payroll data will influence interest rate expectations, thereby affecting cryptocurrency asset prices; the inflation-growth contradiction caused by tariff rulings will a
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