The View from 5th Avenue

The View from 5th Avenue – 4 September 2025

If markets are afraid of tomorrow’s nonfarm payroll outcome, they are not showing it. Indexes had a bottom left top right trajectory today and posted solid gains. The Russell 2000 led, finishing higher by 1.26%. But both the S&P 500 and Nasdaq also participated, with the S&P enjoying another all-time closing high (Nasdaq only 6 points away). Treasuries also moved higher today with the 30-yr yield moving to 4.85% (almost touched 5% early yesterday morning) amid jobs data pointing to emerging wea…

The content on this site is available to all Redburn clients as part of Redburn Execution’s standard service. It is not considered substantive research and there are no commercial implications to viewing these pages.

Please enter your email address below to view this page. If you are still unable to access the page, please speak to your account manager.