Job Openings Jump to 7.5 Million in September

US job openings rose to 7.5 million in September, the Bureau of Labor Statistics reported Tuesday, while August's figure was revised up by 111,000 to 7.2 million. The openings rate climbed to 4.5%, signaling the labor market cooled less than markets had priced in. A hotter-than-expected reading complicates the case for another Fed rate cut in December, with Treasury yields in focus as traders rework the odds. $TLT dropped on the print as bond markets priced in a more hawkish path.