'Fed Pivot' is dead? Some interesting stats as to why markets are spooked

Treasury yields rose, pressured by stronger-than-expected US jobs data. 10-y/30-y treasury yields ended at highest since November 2023 after the strong jobs report. Here's the key data around jobs - The US economy added 256,000 jobs in December, or 92,000 MORE than expected. On average, the US economy has added 165,000 jobs over the last 6 months. This marks the highest 6-month average since July 2024, when Fed rate cuts were being delayed, as per a post from Kobeissi. Oil prices rallied as well, as fresh U.S. sanctions on Russia threatened global supplies. Add to that the higher costs of gas for both US and EU, and things are looking grim on inflation and yields. European markets too, closed lower after U.S. jobs data; Euro zone bond yields climb to multi-month highs.