Gold Leads, Bonds Bleed As Jobs Miss Sends Rate-Hike Odds Tumbling

The highest unemployment rate since April sent rate hike odds for November tumbling from almost 30 to around 15%. The kneejerk in stocks faded, bond yields surged, gold is leading the post-payrolls run...

Nov rate hike odds are tumbling but Dec is marginally higher..

 

Sending the USD lower...

 

Gold is leading but bonds are lower...

 

As the curve steepens...