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If this sounds like a Goldilocks scenario, it's probably not far from it, even with the lingering inflation concerns.
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Equities rise with dollar, bond yields as investors cheer strong US payrolls ReutersLive updates: US economy added a whopping 254,000 jobs last month CNNAmerican Consumer Spending Boosts September Hiring The Wall Street JournalFed close to pulling off the elusive economic soft landing in 2024 after great September jobs report CNBC
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Treasury yields recorded their biggest weekly advances in up to two years on Friday after September's nonfarm-payrolls report produced far more new jobs than expected, erasing the likelihood of another big Federal Reserve interest-rate cut next month.
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