October jobs report: Stocks rise, bond yields fall as payrolls rise 150,000

Indonesia Berita Berita

October jobs report: Stocks rise, bond yields fall as payrolls rise 150,000
Indonesia Berita Terbaru,Indonesia Berita utama

Live coverage of the key jobs report for October after a two-day rally in the stock market.

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Treasury yields dropped across the board on Friday after October's jobs data, sending 10-year and 30-year rates toward their biggest weekly declines, respectively,

since November 2022 and March 2020. The moves came as fed funds futures traders also priced in a 20.3% chance of a rate cut from the Federal Reserve by next March.

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