Market Comment | Bond yields soared while Brexit concerns were rekindled this week

Published on Friday, October 7, 2016

Market Comment | Bond yields soared while Brexit concerns were rekindled this week

Summary

Today’s release of payroll data was slightly down on market expectations (156K, 175K consensus) but August’s data was revised upwards (167K vs 151K). September’s job gains still remains solid, while the unemployment rate inched upwards to 5% (4.9% previous month), due to an increase in the labor force participation. Moreover, average hourly earnings increased according […]

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BBVA Research BBVA Research

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market-comment_152126.pdf

English - October 7, 2016

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