Before the Federal Reserve's non-farm payroll report is released, a slight change in the unemployment rate may trigger major market volatility.

Jinse Finance reported that bond investors are focusing on the non-farm payroll report to be released today, as this data may influence market expectations for a Federal Reserve rate cut next month. Dan Carter from Fort Washington Investment stated that if the data is weaker than expected, the market reaction will be much greater than if it meets expectations. The ICE BofA MOVE Index has already risen to a two-month high. Al-Husseini from Columbia Threadneedle Investments pointed out that the unemployment rate will be a key indicator; if the unemployment rate rises by 0.1 percentage points, it will be a strong signal that the economy is in urgent need of support. (Golden Ten Data)