Odaily News Roger Hallam, global head of rates at Vanguard Group, said that while the U.S. labor market has slowed recently, it is "not weak" at the moment. However, he added: "If there is a downside surprise in Friday's labor market report," the threshold for the Fed to cut interest rates by 50 basis points in September may be "relatively low." And "if we see relatively favorable economic data, bond yields may rise somewhat." At the same time, data from the Chicago Mercantile Exchange (CME) Fed Watch tool last Friday showed that traders in the federal funds rate futures market are pricing in a possible 100 basis point rate cut by the Federal Reserve this year. (Jinshi)