About this episode
US jobs growth was much weaker than expectations, raising questions about whether the Fed could cut 50 basis points next week, rather than 25 basis points. Also, Japan’s Prime Minister resigned last night, which may weaken the yen today.
In our Deep Dive interview, ANZ’s Group Chief Economist Richard Yetsenga looks at why long bond yields are rising and what the weak US jobs data means for global interest rates.
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