"Investor Places Bold Wager on Treasury Plunge Post-Employment Data"

A significant bearish bet has been placed in the options market for US Treasuries, anticipating a sharp rise in 10-year yields following the release of the US jobs report. The trade suggests yields could climb to 4.15% by the end of the trading day, which would be the largest one-day increase since March of the previous year. This move comes amid signs of a strong labor market and could lead to a shift in expectations for Federal Reserve interest rate policies. The outcome of the jobs report, particularly wage data, is expected to heavily influence Treasury movements.