US yields rise, reversing initial reaction to weak jobs report
Mint 1 hr ago·2 Oct 2026, 7:34 pm
US Treasury yields have risen sharply, reversing an initial dip after the latest jobs report showed weaker-than-expected hiring. This move suggests investors are betting that the US economy remains resilient despite the data, which could keep the Federal Reserve's interest rate path unchanged for longer.
For Indian markets, this development is significant because higher US yields often attract global capital away from emerging markets. A strong US economy reduces the urgency for a rate cut, which can pressure the Indian rupee and lead to volatility in domestic equities.
Investors should watch the next US inflation data and Federal Reserve commentary closely. If yields continue to climb, it may weigh on risk appetite and put pressure on Indian stocks and the rupee in the coming sessions.
Excerpt from Mint
USA-BONDS/ (UPDATE 2):TREASURIES-US yields rise, reversing initial reaction to weak jobs report * US Treasury yields fall then rise after payrolls report * 2-year yield fell to lowest level in two weeks before rising * September payrolls rise 29,000 against expectations for 90,000 * LSEG data shows traders still see…Read the original at Mint
Key takeaways
- Category: Economy.
- Flagged as a high-impact, market-moving story.
Why it matters
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