Inflation Figures Will Be The Key Data Going Forward

The blow out September jobs report sent yields to new highs for the cycle, notes Kathy Jones. She and Nathan Peterson monitor recent price action in treasuries. Kathy talks about how going forward the key data will be the inflation figures and the bond market is still facing a constellation of challenges. She suggests looking for continued volatility in 4Q but sees value in the fixed income markets. Nathan discusses how it is good news for the bulls that wage growth came in below estimates and technicals are still bearish since the July peak. They then go over the catalysts for the market turnaround today. Tune in to find out more about the stock market today.

Market On Close

06 Oct 2023

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