(Feb 12) : A stronger-than-anticipated US jobs report spurred a slide in Treasuries as traders pared bets on Federal Reserve rate cuts in 2026. “If the labor market is indeed stabilizing, that would be constructive for both the economy and the market,” he noted. Overall, this still looks like “low-hire, low-fire” labor market rather than a broad-based reacceleration, said Mark Hamrick at Bankrate. “For the Federal Reserve, a steadier jobs picture reduces the urgency to rush into rate cuts, assuming inflation behaves,” he noted. “The market got the jobs report it needed,” said Brad Smith at Janus Henderson Investors.

Source: The Edge Markets February 11, 2026 22:18 UTC