US employment data may determine the Fed's interest rate increase in September. Lose

Bond traders are preparing for Friday's US employment report, as market pricing suggests that the Fed's interest rate is likely to rise by more than 50 per cent in September. Economists expect some 80,000 new jobs in July. A strong report, particularly higher wage pressures, may boost interest rate expectations and push up the rate of return on national debt. Weak employment data may lower these bets. Next week’s US inflation data will provide another key signal for the Fed’s next move。