Analysis: Nonfarm Payroll Data and Tariff Decisions Become Market Focus, Venezuela Incident Is Just Noise

BlockBeats News, January 7, the U.S. Treasury market reacted mildly to U.S. intervention in Venezuela, with traders focusing more on events such as the U.S. December 2025 nonfarm payrolls report to be released on Friday. Since the release of the October and November 2025 nonfarm payrolls reports following the end of last year's government shutdown, bond market investors have been waiting for the U.S. Bureau of Labor Statistics to release a series of clear and reliable labor market data. Strategists at BMO Capital Markets believe that Friday's employment data may be enough to restore investor confidence.

In addition, the U.S. Supreme Court may rule on the legality of Trump's global tariffs on Friday, the same day the December nonfarm payrolls report is released, which could also have some impact on the market. On Tuesday, U.S. Treasury yields approached a significant milestone, with the yield on 10-year Treasuries relative to 2-year Treasuries reaching the highest level in nearly nine months, indicating that traders are betting the Federal Reserve will cut interest rates in 2026. (Golden Ten Data)