US jobs report stands as next catalyst for Treasury market gyrations

France Nouvelles Nouvelles

US jobs report stands as next catalyst for Treasury market gyrations
France Dernières Nouvelles,France Actualités

Explore stories from Atlantic Canada.

NEW YORK - A wild week in Treasury markets is set to culminate with the U.S. payrolls report on Friday, and some investors believe benign data could bring calm after a selloff pushed government bonds to pre-financial crisis levels.

Some market participants believe a weaker-than-expected September employment reading on Friday may be seen as further evidence that the Federal Reserve’s 525 basis points of tightening are starting to dent the labor market, potentially bolstering the case for policymakers to begin cutting rates sooner than expected - or at least forego another interest rate hike later in the year.

Spencer Hakimian, CEO of Tolou Capital Management, a New York-based macro hedge fund, said a benign report on Friday could spark a turnaround in battered Treasuries.

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

SaltWire Network /  🏆 45. in FR
 

France Dernières Nouvelles, France Actualités



Render Time: 2025-01-12 00:11:23