<p>BlackRock portfolio manager Jeffrey Rosenberg: The U.S. non-farm payroll report indicates that the views of Federal Reserve Governor Waller's camp may be gaining traction, or persuading more people to support interest rate cuts. They may have missed the opportunity in July, but this significantly increases the likelihood of a rate cut in September. This is also why we see a substantial decline in the front end of the yield curve. (Bloomberg Television)</p>

<p>BlackRock portfolio manager Jeffrey Rosenberg stated that the U.S. non-farm payroll report indicates that the views of Federal Reserve Governor Waller's faction may be gaining traction, potentially persuading more people to support interest rate cuts. Although they missed the opportunity in July, this significantly increases the likelihood of a rate cut in September, leading to a substantial decline in the front end of the yield curve</p>

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