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US bond yields dumped on Friday as the August US payrolls report confirmed a weakening labor market. Yields on US 10s finished the session 8.5bps lower at 4.08%, and 10-year sovereign yields in Australia and New Zealand are taking the lead this morning, currently down 5 and 4.5bps respectively.
Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more
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