Woofun AI reports that Capital Economics Head of Asia Pacific Markets Thomas Mathews stated the rally in U.S. Treasury bonds is expected to lose momentum. He noted that while German government bonds may continue rising, U.S. Treasuries face key tests this week. Mathews highlighted that recent strengthening in labor market momentum suggests the upcoming June employment report will be strong, indicating labor conditions will not justify delaying policy tightening. He identified this dynamic as the biggest near-term risk for U.S. Treasuries.