U.S. Job Growth Strong in September Despite Market Volatility
- U.S. added 336K jobs in September, nearly doubling expectations
- Unemployment rate unchanged at 3.8% against expectations for a decline
- Bitcoin price fell just shy of 1% following the news
- Report has significance given rout in bond prices and stock market recently
- CME FedWatch tool now shows 31% chance of a rate hike in November