Summary: US quit rate steady at 2.2% in May; Westpac: provides further evidence of labour demand, supply coming into balance; US Treasury yields decline; expectations of Fed rate cuts soften; Westpac: job opening rate little changed from May, within 0.5% of pre-pandemic level; more quits, openings, separations. The number of US employees who quit their jobs as a percentage of total employment increased slowly but steadily after the GFC. It...