White House rejoices over strong jobs report.
Macro
A stronger-than-expected US jobs report signals a robust economy, providing a political win for the White House. However, this strength reduces the likelihood of a Federal Reserve rate cut, suggesting interest rates may stay higher for longer.
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Angle
↓ SHORT-4% target+2% stop2-4 weeks
Short US long-duration bonds (TLT) as strong jobs data pushes out the timeline for any potential Fed rate cuts.