US jobs data lifts stocks as Treasury yields rise
· Economy · United States
US jobs data boosted stocks while oil prices dipped. Treasury yields rose despite a September jobs report that came in much weaker than expected, confounding typical market reactions.
Why it matters：A weak jobs report alongside rising yields complicates the outlook for Federal Reserve policy and signals uncertain investor expectations.
Key points
- The September jobs report was much weaker than expected
- Treasury yields rose despite the weak data
- Oil prices dipped as stocks gained
Sources (original reporting)
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