Strong US Jobs Report Sparks Concerns Over Potential Federal Reserve Rate Hike
The US economy added significantly more jobs than expected in August, prompting traders to price in a higher likelihood of Federal Reserve interest rate increases. The robust labor data triggered immediate shifts across bond yields and equity markets.
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Treasuries Slide After Strong Jobs Data Lift Fed Hike Wagers
US Treasuries fell after US job growth topped forecasts in August, prompting traders to boost their expectations that Federal Reserve officials raise interest rates later this month.
By Michael MacKenzie
Read full article →What to expect from the jobs report today - CNN
What to expect from the jobs report today CNN
Read full article →Asia stocks rise as Fed hike odds ease; Singapore hits record high - The Straits Times
Asia stocks rise as Fed hike odds ease; Singapore hits record high The Straits Times
Read full article →US job market surprises in potential boon to Trump ahead of midterms
U.S. job growth accelerated sharply in August while the unemployment rate held steady at 4.1%, suggesting an improvement in the labor market after recent struggles and keeping an...
Read full article →'Good News Is Bad News': Big Jobs Beats Sends Rate-HIKE Odds Soaring; Batters Bonds, Stocks, Gold
'Good News Is Bad News': Big Jobs Beats Sends Rate-HIKE Odds Soaring; Batters Bonds, Stocks, Gold A four standard deviation beat for non-farm payrolls this morning (good news) is triggering ugly reactions (bad news) across markets with rate-hike odds for September ripping back up near recent highs (despite no signs of inflationary wage growth - in fact it is slowing)... Audrey Childe-Freeman, Bloomberg Intelligence’s chief FX strategist: “The strength in the latest NFP report...
By Tyler Durden
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