分析师：美国就业强劲展现经济韧性，但美联储仍面临高度不确定性

Core Insights - The U.S. added more jobs than expected in January, reaffirming the economy's resilience, but it does not provide clearer guidance for policymakers [1] - Despite a more predictable economic situation compared to early last year, uncertainty for the Federal Reserve remains higher than for many other central banks [1] - For fixed-income investors, the conclusion is that "credit fundamentals are decent, and macroeconomic conditions are acceptable" [1] Credit Market Analysis - Concerns about corporate bond valuations being high compared to a year ago have diminished [1] - It is believed that credit spreads may remain at current levels or even slightly narrow further [1]