5th October 2023

  • US Firms Added 89,000 Jobs, Fewest Since Early 2021 in ADP Data

Increase in private employment was weaker than all estimates

Annual pay growth for workers continued to ease in September

https://blinks.bloomberg.com/news/stories/S208PBT1UM0W

  • Gross Says Bond Market a ‘Little Oversold’ After ETF Pullout

Gross says 5% yield is ‘decent,’ but not great value

Gross calls individual ETF investors ‘little bond vigilante’

https://blinks.bloomberg.com/news/stories/S20PO4T0G1KX

  • Only a Stocks Crash Can Rescue the Bond Market, Barclays Says

Fed will remain net seller of Treasuries, term premium to rise

Japanese investors may favor domestic bonds as yields increase

https://blinks.bloomberg.com/news/stories/S213NVDWLU68

  • Oil Claws Back Some Ground After Risks to Demand Trigger Rout

WTI climbs toward $85 a barrel after biggest decline in a year

US data shows weakest seasonal gasoline usage in 25 years

https://blinks.bloomberg.com/news/stories/S21HI0T1UM0W

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