October 07, 2024 United States: Key US Yields Hit 4% for First Time Since August on Fed Rethink Key US Treasury yields are back at 4%, a level last seen in August, as a blowout jobs report undercut chances for another big interest-rate reduction from the Federal Reserve. Bonds dropped Monday, extending a plunge late

October 04, 2024 United States: Traders Wipe Out Bets on Big Fed Cuts as Jobs Data Hits Bonds Traders slashed their bets on the pace of future Federal Reserve interest-rate cuts after September US employment data blew past estimates and signaled a robust hiring trend. The chance of a half-point rate cut in November was

October 03, 2024 United States: US Jobless Claims Remain Subdued, Consistent With Low Layoffs Applications for US unemployment benefits rose slightly to a level that is consistent with limited number of layoffs. Initial claims increased by 6,000 to 225,000 in the week ended Sept. 28. The median forecast in a Bloomberg survey of economists called

October 02, 2024 United States: US Hiring in ADP Data Rebounds After Five Months of Easing Hiring at US companies picked up in September, snapping a five-month stretch of slower payrolls growth. Private payrolls increased 143,000 last month after an August advance that was the weakest since March 2023, according to the ADP Research Institute