- Average earnings mm (Sep)
- 0.1% vs 0.3% f'cast, 0.3% prev
- Non Farm Payrolls (Sep)
- 29K vs 90K f'cast, 162K prev
- Participation Rate (Sep)
- 61.8% vs -- f'cast, 61.6% prev
- Unemployment rate mm (Sep)
- 4.2% vs 4.1% f'cast, 4.1% prev
We have yet to dig into the underlying details, but at face value, there's nothing too economically redeeming about this report, and the bond market loves it.
MBS are up a quick 10 ticks (.31) and 10yr yields are down 7.3 bps at 5.163.
