Brazilian regulators approved Petrobras's gas-block transaction with Equinor.

Poland's military said on social media it scrambled fighter jets in response to Russian strikes on Ukraine.

Weak US nonfarm payrolls pushed Treasury prices higher and reduced Fed rate-hike expectations. The 2yr Treasury yield fell 6bps to 4.11% and the 10yr fell 2bps to 4.46%. Interest-rate swaps price the odds of a hike at the Fed meeting later this month at about 20%, down from roughly 33% before the data. Markets now expect fewer than two hikes by Mar 2027, each no larger than 25bps. Nonfarm payrolls rose 57,000 last month (prior two months revised lower); Bloomberg-surveyed economists had forecast a 113,000 gain. Labor force participation dropped materially, pushing the unemployment rate down to 4.2%.