Finance

The US added just 57,000 jobs in June 2026, significantly missing the 115,000 forecast by economists and marking a sharp slowdown from previous months. Although the unemployment rate ticked down slightly to 4.2% as hundreds of thousands left the labor force, the cooling data has led many investors to reduce their expectations for a Federal Reserve interest rate increase in late July.

Digital assets entered July 2026 on a positive note after a volatile June that saw Bitcoin's worst monthly performance in four years. Bitcoin successfully reclaimed the $61,000 level, bolstered by shifting risk sentiment following Fed commentary and the soft US employment data. Total crypto market capitalization returned to approximately $2.1 trillion during the recovery.

US Treasury yields remained at elevated levels in early July, with the 10-year note finishing near 4.49%. Investors remain divided over the future path of interest rates as energy price shocks linked to the ongoing conflict with Iran continue to drive inflation concerns. The yield curve remains upward-sloping, reflecting a cautious growth outlook paired with expectations that the Fed may hold rates higher for longer.