Summary: US quit rate rises to 2.6% in May; NAB: higher quit rate suggests increased confidence in labour market; US Treasury yields up; expectations of lower Fed rates in 2024 soften; quits and separations up, openings down; ANZ: quits rate also trending lower. The number of US employees who quit their jobs as a percentage of total employment increased slowly but steadily after the GFC. It peaked in March 2019...