US jobs soft, but yields are still rising
Tuesday 6th October 2026
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US equity markets kicked off the week with solid gains as the tech sector pushed higher, but fixed income markets continued to grapple with elevated yields as US 10-year Treasuries pushed up to 5.34%. Following a long weekend in parts of Australia, Phil Dobbie and NAB's Taylor Nugent unpack a busy start to October, analysing Friday's softer-than-expected US Non-Farm Payrolls print (+28k) and its impact on Fed rate expectations. Across the Atlantic, European markets are dealing…
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