A post by @FirstSquawk on X.

Treasury traders are positioning for further gains in U.S. government bonds ahead of the October employment report as expectations for additional Federal Reserve rate hikes continue to weaken. The shift reflects growing conviction that the Fed's tightening cycle may be nearing its end, prompting investors to add duration exposure before the jobs data. The October payrolls report is the key catalyst, with traders watching whether labor-market strength could revive rate-hike bets and undercut the rally.