Before the release of the U.S. non-farm payroll data, the U.S. dollar fell, while the yield on the 10-year U.S. Treasury bond remained relatively stable.

As the crucial April US non-farm payrolls data is about to be released, the US dollar is dropping, while the 10-year US Treasury yield remains relatively unchanged. Credit Suisse analyst Ipek Ozkardeskaya stated in a report, "Last month's non-farm employment report exceeded expectations, but given the recent string of weak data, we are more likely to see a weak report this time." She also mentioned that as long as wage growth remains at a reasonable level, this will stimulate market expectations of a rate cut by the Federal Reserve. The DXY US dollar index fell 0.4% to 99.863, after reaching a near three-week high of 100.375 on Thursday. According to Tradeweb's data, the 10-year US Treasury yield remained flat at 4.231%.