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.
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 »
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »