
On November 1, 2024, U.S. Treasury yields experienced fluctuations in response to the latest jobs report. Initially, bond yields remained steady as investors awaited the release of the report, which was described as a potential 'head-scratcher' by analysts. Following the report, stock market futures showed strength, indicating positive sentiment in the equity markets. Despite a weak jobs report, 10-year Treasury yields rose, suggesting that investor reactions were mixed. By the end of the day, reports indicated that bond yields had fallen after the jobs report but later increased again, highlighting the volatility in the bond market amid ongoing economic assessments.
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