U.S. Treasury yields are pulling back as traders take a step back and wait for the employment report—one of those data points that can shift the entire market vibe. Job numbers have a way of rattling things. When they come in stronger than expected, it signals the Fed might keep rates elevated longer. Weaker figures? That could spark relief in risk assets. Right now, the bond market is holding its breath. These macro moves ripple through crypto and equities alike, so keeping an eye on economic indicators isn't just traditional finance noise anymore—it's part of the game for anyone managing a portfolio that spans multiple asset classes.