Now, economists are noting a fundamental and worrisome imbalance in the bond market. The upward swing brought some temporary relief to the bond market, which is in the midst of a historically awful year. As bond prices tumble, yields rise, raising the cost of borrowing for the government. The US labor market shows signs of slackThe tight US labor market started to show signs of loosening in August, reports my colleague Alicia Wallace. But while the latest turnover data appears to be showing some evening out in a historically tight labor market, there’s still a long way to go.

Source: CNN October 05, 2022 21:27 UTC