"Options Traders Anticipate Treasuries Slump Following December Jobs Data"

A significant bearish bet in the US Treasuries options market suggests that the upcoming jobs report will lead to a sharp increase in 10-year Treasury yields, potentially reaching 4.15% by the end of the trading day. This anticipated move, which would be the largest one-day rise in yields since March, reflects investor expectations of a strong jobs report and a consequent negative impact on Treasury prices, continuing the volatility seen in the bond market since the beginning of the year.