策略师：若非农数据显著偏离预期，美元及美债收益率料剧烈波动

Core Insights - The recent cooling signals in the U.S. labor market may lead to significant volatility in the foreign exchange and bond markets if the January non-farm payroll data deviates significantly from expectations [1] - A weaker-than-expected data release could reignite concerns about labor market momentum and strengthen expectations for monetary policy easing later this year, which would likely pressure the U.S. dollar [1] - Conversely, strong data performance could challenge these expectations, providing support for the dollar and pushing up yields [1]