中证转债指数午盘下跌1.21%，Z讯转债、优彩转债、金诚转债、大中转债、集智转债跌幅居前，分别跌10.54%、9.29%、8.35%、8.23%、6.39%。澳弘转债、神宇转债、长海转债、阳谷转债、昌红转债涨幅居前，分别涨6.52%、3.67%、2.17%、2.10%、1.31%。

Barclays raised its PT on Oracle (ORCL.N) to $252 from $250.

Analyst Brandon Brown says after a stronger-than-expected nonfarm payrolls print markets currently price roughly 15bp of tightening for the September Fed meeting. Citing Fed governor Waller's comment that the next inflation print will determine his vote, Brown says a ~50/50 market probability for a September hike before those data is reasonable. He sees renewed dissent on the Fed's policy panel likely, especially if inflation proves mild and the Fed remains on hold. Based on PPI/CPI pass-through to core PCE, the threshold to support hikes versus holding is around 0.25% MoM core PCE. Long-end market pricing implies cumulative tightening slightly above 60bp by mid-2027. Even with strong data, Brown judges more than three rate hikes in the near term unlikely.