<div id="readability-page-1">Jobs data impact: A stronger-than-expected employment report shifted market bets toward a Fed rate hike by December, reversing earlier rate-cut expectations. Yield curve shift: Two-year yields dipped while 10-year yields rose, steepening the curve to 40 basis points amid changing interest rate outlooks. Inflation concerns: Oil-driven inflation fears persist, with core CPI expected to ease monthly but accelerate annually, keeping pressure on the Fed.</div>

GOVT

<p>Stronger-than-expected US jobs data has shifted market expectations toward a Federal Reserve rate hike by December, reversing prior rate-cut bets. Consequently, the yield curve steepened as two-year yields dipped and 10-year yields rose. Persistent oil-driven inflation concerns remain, with core CPI expected to ease monthly but accelerate annually, maintaining pressure on the Fed.</p>

- A stronger-than-expected employment report shifted market expectations toward a Federal Reserve rate hike by December, overturning previous rate-cut anticipations.  
- The yield curve steepened by 40 basis points, with two-year yields decreasing and 10-year yields increasing, reflecting changes in interest rate outlooks.  
- Persisting concerns about oil-driven inflation are evident, with core CPI anticipated to ease monthly but rise annually, maintaining pressure on the Federal Reserve.

US bond yields split as jobs data fuels Fed hike bets