US labour market suffered sharp slowdown over past three months
Treasury yields tumble as revised figures show economy added just 106,000 jobs between May and July
Treasury yields tumble as revised figures show economy added just 106,000 jobs between May and July

Updated figures point to far worse slowdown in labour market than previously thought

Lower than expected figure opens door to aggressive Federal Reserve rate cuts

Figure signals improvement in the labour market after string of bleak data releases

Bad policy not weak demand is undermining jobs growth

Weaker than expected figures from payroll processor ADP highlight weakness in labour market

Figures come a week after Federal Reserve cut interest rates