ADP jobs data in focus as Treasury yields surge on labor market resilience

  • 📰 startelegram
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The U.S. labor market continues to surprise investors as hiring accelerates into the autumn months, defying summer recession concerns.

ADP, the payroll processing group, will publish its reading on private sector hiring over the month of September Wednesday as investors remain keenly-focused on developments in the labor market amid soaring bond yields and renewed inflation concerns.

Wage readings for both new hires and job leavers, however, will likely be the focus of the report following data from the Bureau of Labor Statistics yesterday showing a surprise surge in open positions over the month of August, which rose to 9.6 million and triggered another sharp sell-off in Treasury bonds linked to inflation fears.

Last week, the BLS's weekly report showed that just 204,000 people filed for new benefit applications for the week ended Sept. 23, compared with the eight-month low 202,000 reported over the prior period. That was the lowest since early January, a figure that stoked inflation concern and, in part, triggered the ongoing risk in Treasury yields.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 248. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stock Market Today: Treasury yields extend spike with stocks at 4-month lowsWith Treasury yields rising, and market volatility gauges surging, stocks are set for another rough ride Wednesday with ADP jobs data in focus.
출처: startelegram - 🏆 248. / 63 더 많은 것을 읽으십시오 »

Stock market likely to correct if 10-year Treasury yield reaches 5%, RBC saysThe 10-year Treasury yield's recent push above 4.3% is aborting an upswing for stocks that began year ago, says Robert Sluymer, technical strategist at RBC...
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »