PULTE, director of the US Federal Housing Finance Agency, said in remarks on government-backed enterprises that the "dual credit reporting system" has won broad support.

Allianz chief economic adviser El-Erian said three G7 countries — the UK, Japan and France — are especially vulnerable to sovereign debt shocks. He called the UK a high‑beta market, where a given move in U.S. rates produces proportionally larger moves in U.K. yields. European bond yield dynamics are shifting and France has become the focal point of the euro‑area bond market; Italy is now trading better than France, moving market attention from periphery risk to a core euro‑area country.

Jerry Tempelman, vice president for economics and fixed income research at Mutual of America Capital Management, said August payrolls showed robust gains, led by healthcare and private‑sector hiring, supporting the view that labor demand is adjusting to stagnant labor supply. He added the report did little to alter the prevailing market expectation that the Fed will raise short‑term rates at its September policy meeting.