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Markets brace for more “mehmeh” job reports as yen firms
The article says markets may need to adjust expectations as job data is likely to arrive with muted impact, with yen and bonds stabilizing in response.
The Wall Street Journal Markets argues that investors may need to get used to job reports that do not meaningfully shift the market, describing a regime of “meh” labor data.
The outlet also points to a stabilization in bonds and a rally in the yen as part of how markets are responding to recent conditions.
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