Stocks Are Down. The 10-Year Treasury and Oil Prices Are Up. What's Going On?
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The hot September jobs report has Wall Street rethinking the debate around inflation and growth. The weekend appears to have resurfaced old worries about inflation. A week ago, Wall Street saw a 34.7% chance of a half-point interest-rate cut at the Fed's November meeting, with odds of a quarter-point cut at 65.3%.