Macro Finance
France’s Bond Crisis Deepens, US Jobs Data on Deck
Bloomberg Markets·October 2, 2026·1 min read
A selloff in global debt has fueled a rout hitting France harder and faster than expected, with nerves fraying about missed deficit targets and policy gridlock. The US jobs report is set to be a macro highlight, with economists estimating nonfarm payrolls rose 90,000 last month after climbing in August by the most since March. Resilient data are supporting riskier assets while giving the Federal Reserve room to tighten policy.
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