US jobs coming back, but harder from here
b'Monday 7th September 2020US jobs data on Friday helped the equities market to regain a little composure as it fell for the second day. It also saw Treasury yields rise sharply, steepening the curve. NAB\\u2019s Rodrigo Catril proffers his opinion on how much of this is a short-term response and how much the start of a longer-term shift. The Fed\\u2019s Jerome Powell said on Friday that the recovery \\u201dwill get harder from here\\u201d. There\\u2019s also the discussion on the impact on the Australian economy of the extension to the Melbourne lock-down announced yesterday.
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