• Interest rates fell last week with the 2-year Treasury note yield falling by seven basis points to 3.58% while the 5-year note decreased by five basis points to 3.72%.
• The September ADP payrolls report showed that private payrolls declined by 32 thousand versus economist expectations for a gain of 51 thousand.
• The September nonfarm payrolls report was delayed as the Bureau of Labor Statistics was shut after US lawmakers failed to pass a funding bill to keep the Federal Government open.
• The Fed may be without some key data heading into their October 29th meeting including September's nonfarm payrolls report and September’s CPI inflation data.
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