Stocks and bonds climb as June payrolls rise 57,000 and dollar slips

AI Market Summary
June U.S. payroll growth slowed sharply (57k vs 110k expected) and May was revised down, prompting markets to reprice Fed policy expectations. The 2-year Treasury yield fell to ~4.11% and the U.S. dollar weakened, while gold rose on lower real-rate pressure. Risk assets benefited via lower yields, though chipmakers lagged amid rebalancing. Brent slid to a four-month low on progress in U.S.-Iran talks.
Impact level
● High
Affected assets
NCSIDXY2USD/USDT-0.59%
AI Insight · NCSIDXY2USD/USDTAI Insight
● Neutral
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U.S. nonfarm payrolls rose by 57,000 in June, well below expectations for a 110,000 increase, and May’s figure was revised down. The surprise cooling pushed the 2-year U.S. Treasury yield down to 4.11% and lifted gold 2.2%. Brent crude fell 1.4% to a four-month low as U.S. talks with Iran made progress.