U.S. bond yields plummet, weak employment data triggers market bets on the Federal Reserve speeding up interest rate cuts.

According to the Wisdom Financial APP, on Friday, the yield on U.S. Treasury bonds fell sharply. Investors widely expect the Federal Reserve to be forced to cut interest rates more aggressively to support the clearly slowing job market. The latest August non-farm employment report shows that the U.S. labor market has been stagnant for four consecutive months, with a rare downward revision of June data, unexpectedly showing a net decrease in employment positions for that month.