[Traders are currently betting that U.S. policymakers will cut rates by a total of 44 basis points by December] Odaily Planet Daily News – U.S. Treasury bonds rose after a disappointing jobs report was released, boosting market expectations for a Federal Reserve rate cut this year, despite recent oil price increases potentially exacerbating inflation. This rally pushed the 10-year Treasury yield down by 3 basis points to 4.1%, while the 2-year Treasury yield, which is more sensitive to Federal Reserve policy changes, fell by 5 basis points to 3.53%. Interest rate swaps indicate that traders are currently betting that U.S. policymakers will cut rates by a total of 44 basis points by December, compared to 35 basis points before the report was released. (Jin10)