GENERAL2 Oct 2026
US yields rise, reversing initial reaction to weak jobs report | Stock Market News
US Treasury yields rose on Friday, reversing an early fall after September's jobs report came in weak. America added just 29,000 jobs against 90,000 expected, with unemployment at 4.2%. August's figure was cut to 133,000. Traders still see about an 86% chance of a December Fed rate hike. US yields shape the rupee and foreign fund flows, so keep an eye on your import costs.
Key Statutory Highlights
- September's US payrolls report showed the economy added only 29,000 jobs, against expectations for 90,000.
- The US unemployment rate came in at 4.2%, higher than the 4.1% economists had expected.
- Traders still priced in roughly an 86% chance of a December Fed rate hike, according to LSEG data.
Actionable Advice for Taxpayers / Founders:Watch how the rupee and US bond yields move over the next few weeks, because sharp swings can affect your import bills and foreign currency loan payments. Check with your CA before taking any large borrowing or hedging decision.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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