Global Equities Mixed as Bond Sell-Off Deepens Ahead of US Jobs Data

Global equity markets traded mixed on October 2 following a deepening bond market sell-off, with investors adopting a cautious stance ahead of the upcoming US non-farm payrolls report. The jobs data is expected to be a key determinant of Federal Reserve rate policy, adding to uncertainty across risk assets. Rising yields weighed on equities in several regions as markets priced in the possibility that strong employment figures could reduce the Fed's appetite for rate cuts.