Jobs Jolt: The Bloomberg Close, Europe Edition

Oct. 6, 2023, 2:49 PM UTC

Good afternoon. Here’s what you need to know to end your day.


  • Hot US jobs data add fuel to the global bond fire.


  • A jailed Iranian activist is awarded the Nobel Peace Prize.


  • Notre-Dame is reborn with a 2024 opening in view.

A blowout US jobs report added to global bond market pain—the impact of which will be increasingly felt in everything from shoppers’ pockets to company balance sheets.


  • The US economy added 336,000 jobs in September, way more than expected, jolting markets across asset classes. Long-dated US Treasuries, gilts and other benchmark yields jumped.


  • Surging yields are rippling out to broader markets, ...










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