CoinWorld News reports that on March 6, despite recent oil price increases potentially fueling inflation, the disappointing non-farm payroll report boosted market expectations for the Federal Reserve to cut interest rates this year, leading to a rise in U.S. Treasury prices. These developments caused the 10-year U.S. Treasury yield to fall by 3 basis points to 4.1%, while the 2-year Treasury yield, which is more sensitive to Fed policy changes, dropped by 5 basis points to 3.53%. Interest rate swaps indicate that traders are betting the Fed will cut a total of 44 basis points before December, up from 35 basis points prior to the report's release.

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