U.S. nonfarm payrolls surge 162,000 in August, beat forecasts by wide margin

The U.S. economy added 162,000 jobs in August, far exceeding expectations and marking one of the strongest months in recent years. The unemployment rate remained steady at 4.1%, signaling a resilient labor market despite broader economic uncertainties.

The robust jobs report has triggered a sharp repricing of Federal Reserve rate-cut expectations, with markets now pricing in potential rate hikes rather than cuts. This outcome pressures bond yields $US10Y higher and complicates the Fed's forward guidance amid geopolitical tensions. #economie #marche