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tz-plus logo Shutdown in the USA - Disappointing Job Data Fuels Rate Cut Hopes - DAX Above 24,000 Points - European Steel Stocks Show Strength Amid Protectionism Rumors - US Government Reaches Agreement with Pfizer on Lower Drug Prices - Rezolve Ai with Revenue Explosion - GIP Plans Mega Acquisition of AES

M. Blattmann
Reading Time: 11 minutes

Weak Job Data Boosts Bond Prices and Fuels Rate Cut Hopes – Government Shutdown Weighs on Markets The US Bond Market is experiencing a strong upturn as recent labor market data increases expectations for further rate cuts by the Federal Reserve this month. Yields on US Treasury bonds are declining across all maturities, with the yield on ten-year bonds falling to 4.09%. Shutdown Prevents Publication of Key Economic Reports At the same time, the American stock market is posting losses: The S&P 500 is down by 0.2%, even though the index...

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