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Stocks and Bonds Rise as Jobs Ease Fed-Hike Worry: Markets Wrap

Bloomberg Markets·August 6, 2026·1 min read

US stocks rose and bond yields fell after a sharp slowdown in the jobs market eased concerns that the Federal Reserve might raise interest rates. The market reaction suggests investors now expect the Fed to hold rates steady, with traders pricing in a lower likelihood of a hike in the near term.

Read at Bloomberg Markets
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