Reported 25 days ago
Bond traders are closely monitoring the upcoming US employment report, which is anticipated to provide crucial insights before the Federal Reserve's policy meeting next week. Following the worst October for US Treasuries in two years, traders are preparing for potential volatility amid concerns of rising yields. Despite weak data potentially being attributed to strikes and storms, a strong jobs report could complicate policymakers' decisions on interest rate cuts. Most expect the Fed to lower rates by a quarter point in the upcoming meeting, signaling a possible pause in reductions going forward.
Source: YAHOO