#USOctJobsReportInFocus

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About USOctJobsReportInFocus

The October US jobs report is due Nov 6 at 13:30 UTC. Markets expect payrolls to rise by ~60K, up from 29K previously, with unemployment unchanged at 4.2%. The Fed held rates at 3.75%-4.00%, while September core PCE rose to 3.1% YoY. Markets price in roughly a 70% chance of a 25 bps December hike. Could the jobs data reshape those expectations, and how will Treasuries, the dollar and risk assets react?

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