Longer-dated yields have surged to 16-year highs as investors adjust for the likelihood that the U.S. central bank will hold rates higher for longer, and potentially raise them again as the labor market remains solid and inflation stays above the Feds 2% annual target.
On Friday October 6, the Employment Situation report for the month of September will be released by the Bureau of Labor Statistics. Here s what the Fed is looking for.
The main indexes sold off sharply Tuesday as job openings climbed and Treasury yields soared. Stocks took a nosedive Tuesday as shockingly strong jobs data sent Treasury yields spiking and raised expectations for another possible rate hike from the Federal Reserve. The main benchmarks opened modestly lower today, but mid-morning data showing an unexpected rise in the number of job openings sent them spiraling in afternoon trading. Specifically, the Bureau of Labor Statistics said earlier that Au
Employee quit rates have decreased to pre-pandemic levels. Does this mean "The Great Resignation" is over? Six practices of effective leaders in any environment.