Reported 2 days ago
As predictions for a significant interest rate cut by the Federal Reserve begin to diminish, bond traders are closely monitoring the upcoming labor-market report. Expectations for a half-point rate reduction in the coming months have lessened, and the market is anticipating that the September employment data will provide insight into the US economy's health. The report is expected to show job growth, but any signs of weakness could renew optimism for a rate cut.
Source: YAHOO