Group 1 - The benchmark yield increased by more than 2 basis points to 4.172%, while the 2-year Treasury note yield surged over 5 basis points to 3.512%, indicating reduced expectations for Federal Reserve interest rate cuts for the remainder of the year [1] - The 10-year Treasury yield rose in response to January job growth, which saw nonfarm payrolls total 130,000 new jobs, significantly exceeding the consensus estimate of 55,000 [2] - The unemployment rate decreased to 4.3%, below the forecast of 4.4%, suggesting a labor market in a low-growth mode with limited signs of increasing layoffs [3] Group 2 - The report on job growth is viewed positively by investors, as it may provide the Federal Reserve with more flexibility to maintain current interest rates, especially given solid corporate earnings growth and consumer spending accounting for about two-thirds of U.S. GDP [4] - Despite the positive job growth data, there are still concerns about recent softness in other economic indicators, but stabilization in the labor market could be beneficial for both the economy and the market [5]