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Markets Go Haywire As US Payrolls Defy Gravity: 30-Year Yields Soar To 5%, Dollar Rallies, Equities Tumble
Friday, October 6, 2023 - 10:12am | 651The Bureau of Labor Statistics released an exceptionally strong job market report on Friday, highlighting the impressive resilience of the U.S. labor market in the face of elevated interest rates. What Happened: Non-farm payrolls surged to 336,000 in September, the highest level since January,...