Summary: US non-farm payrolls up 254,000 in September, above expectations; previous two months’ figures revised up by 72,000; jobless rate ticks down to 4.1%, participation rate steady at 62.7%; ANZ: gains are broad-based; US Treasury yields rise significantly; expectations of Fed rate cuts softens, five cuts still priced in; employed-to-population ratio steady at 60.0%; underutilisation rate declines to 7.7%; annual hourly pay growth accelerates to 4.0%. The US economy ceased...