The US 10-year Treasury yield eased to around 5.25% on Monday, while the 30-year yield slipped toward 5.6% as traders scaled back expectations for an imminent Federal Reserve rate hike following weaker-than-expected US jobs data. Data released Friday showed the US economy added just 29,000 jobs in September, well below expectations of 90,000, after August’s gain was revised down to 133,000. The unemployment rate climbed to 4.2%, while annual wage growth unexpectedly slowed to 3.0%, its weakest pace since May 2021. Markets are now pricing in nearly an 80% probability that the Fed will keep policy unchanged this month, while expectations for a December hike remained around 69%. Still, Treasury yields remained near their highest levels in more than two decades amid concerns over persistent energy-driven inflation, rising US fiscal risks and increasing debt issuance linked to artificial intelligence.