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Stock futures and bitcoin slip, Treasury yields climb, as hot jobs report raises more questions about Fed rate cuts

MarketWatchApril 3, 2026 at 1:30 PMBearish1 min read

Key Takeaways

  • 1Stock futures and Bitcoin are declining.
  • 2Treasury yields are increasing.
  • 3A hot jobs report is fueling doubts about imminent Fed rate cuts.

Market Pulse

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Will Bitcoin (BTC) reach a new all-time high above $73,798.00 before October 1, 2026?

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MicroStrategy sells any Bitcoin by December 31, 2026?

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This headline indicates a broadly bearish market reaction driven by a strong jobs report, which suggests the Federal Reserve may delay interest rate cuts. Stock futures and Bitcoin are falling, while Treasury yields are rising, reflecting investors' expectations of higher-for-longer interest rates. This scenario implies increased borrowing costs and potentially slower economic growth, challenging risk assets. Investors should watch for upcoming inflation data and Fed commentary for clearer guidance.

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