U.S. employment data weak, bond yields fall, dollar under pressure.

[Chain News] On August 1, news came that U.S. labor data supports calls for monetary easing, causing U.S. Treasury yields and the dollar to fall. The 10-year Treasury yield is at 4.295%, while the 2-year yield is at 3.801%. In July, U.S. jobs only increased by 73,000. The unemployment rate rose slightly from 4.1% to 4.2%. Meanwhile, prior data has been significantly revised down: May's new jobs were revised down from 144,000 to 19,000, and June's new jobs were revised down from 147,000 to 14,000. Before the employment report was released, dissenting members of the Federal Reserve Board of Governors, Waller and Bowman, stated that there are signs of weakness in the labor market. The employment data caused a big dump.