# US yields fall as July payrolls drop dashes Fed hike bets 2026-08-07T22:31:44+00:00 | World & Diplomacy | Indian Opinion Desk Corroboration: 1 independent outlet US Treasury yields fell on Friday after data showed employers unexpectedly shed 23,000 jobs in July, prompting traders to cut odds of a Federal Reserve interest-rate hike in September. The 2-year yield dropped as much as nine basis points before settling near 4.19%, its biggest weekly fall since May, while the 10-year yield ended the week down about nine basis points at 4.65%. Economists polled by Reuters had forecast 80,000 job gains. The unemployment rate eased to 4.1% as labour-force participation fell to 61.4%, a near five-and-a-half-year low. Fed funds futures traders now see 44-56% odds of a September hike, down from 55-60% before the data, according to Livemint and ETMarkets. The dollar weakened 0.52% against the yen to 157.62, and gold rose 2.28% to $4,336 an ounce. ## Coverage - livemint.com - livemint.com - economictimes.indiatimes.com Tags: Federal Reserve, inflation, jobs report, Treasury yields, US bonds Canonical: https://indianopinion.org/us-jobs-data-dashes-fed-hike-bets-bonds-see-best-run-since-may/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/us-jobs-data-dashes-fed-hike-bets-bonds-see-best-run-since-may/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.