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September 30

Mkts  2Y  10Y  30Y
10y yield is higher by 5.5bp to 5.304% | 13:53
Oil is up 1.90% to $91.08

News
Goldman Sachs moves its call for the next Fed rate hike to December from October | Forex Markets are now pricing in a below 40% chance of a 25 bps rate hike in October
Atlanta Fed GDPNow cuts Q3 US growth estimate to 3.7% from 5.0%

The PCE price index rose 0.3% in August, below expectations of 0.4%
Core PCE increased 0.2%, also below forecasts of 0.3%.
Year-on-year, headline PCE inflation stood at 3.4%, below expectations of 3.7%
Dallas Fed Trimmed mean PCE inflation at 1.9% vs 2.2% expected | Forex .

America’s Bond Market Is Entering a Crisis With No Historical Parallel
Wall Street is about to take a big hit

Early NFP estimates suggest hiring slowed to a little less than 110k from 162k
Bloomberg's survey anticipates the unemployment rate to tick up to 4.2% from 4.1%

Debt Rattle

Cleveland Fed sees Sept CPI up 0.53 m/m and 3.60% y/y
Cleveland Fed sees core CPI up 0.20 m/m and 2.39% y/y

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