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JOLTS Data: US Job Openings Dip to 7.4m, Hiring Slows Amid Services Drag

Job openings in the US held dropped to 7.4 million in June, suggesting continued cooling in the labour market without signs of stress. Hiring and separations were largely unchanged at 5.2 million and 5.1 million, respectively, while the quits rate remained flat at 2.0%, according to
AA 29 Jul 2025
Powell vs. Pressure. Markets wait.

US Treasuries Ease After Weak 5-Year Auction Ahead of Fed Decision

US Treasury (UST) yields ticked slightly higher overnight following a muted 5-year note auction, as markets tread cautiously ahead of a critical Federal Reserve decision. The USD70.0 billion 5-year auction drew a high yield of 3.983%, with all tenders at lower yields accepted in full. However, the bid-to-cover
AA 29 Jul 2025

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