Weekly Economic & Financial Commentary: The Outlook for Longer-Term Interest Rates

Summary United States: Jobs Up, Rate Cut Expectations Down Nonfarm payrolls blew past expectations in September, rising 254K. Upward revisions to the prior two months’ data sweetened the headline gain and bucked the trend decline in hiring, while the unemployment rate unexpectedly ticked down a tenth to 4.1%. The solid jobs report tamped down expectations […]

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