The September jobs report has had a significant impact on the Treasury market, with some experts saying it has the potential to completely change the narrative. According to MarketWatch, the report showed strong numbers that exceeded expectations, leading to increased optimism among investors.
The positive data from the report has caused a shift in market sentiment, with many now feeling more confident about the state of the economy. This has led to a rise in Treasury yields, as investors anticipate higher interest rates in the future.
Overall, the September jobs report has been seen as a game-changer in the Treasury market, with its strong numbers reshaping the narrative and sparking a more positive outlook among investors.