Market Data Evidence

Following the hot May jobs report, CME FedWatch odds of a Fed rate HIKE by the end of 2026 rose to ~70% on Friday June 5, as the resilient labor market removed the case for near-term cuts and shifted attention back to inflation risk. The first FOMC under Chair Warsh is June 16-17.

Provenance — node opacity = source trust
Evidence Strength
Strong
Evidence Observed At
Jun 5, 2026 · 8:00 PM UTC
Citation
https://www.cnbc.com/2026/06/05/treasury-yields-ease-as-traders-await-key-labor-market-data-.html
Citation Source
cnbc
Market Metric
Rate Path Expectations
Observed Value
0.7