US Treasury Yields Hit Lows on Weak Jobs Data, Igniting Recession Fears

U.S. Treasury yields hit multi-month lows after a weak July jobs report showed only 73,000 jobs added, rising unemployment to 4.2%, and downward revisions, fueling recession fears amid trade tensions. Stocks plunged, the VIX spiked, and Fed rate cut bets surged. This signals potential economic slowdown and prompts defensive investor strategies.