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Polymarket traders are assigning a 70% probability that the S&P 500 will open higher on October 2, according to the platform's "S&P 500 (SPX) Up or Down on October 2?" contract. This bullish sentiment emerges as U.S.
stock futures trend higher early Friday, with investors weighing the upcoming September jobs report against escalating bond market volatility and expanding U.S.
The market is currently balancing positive index performance against historic Treasury yields. Peter Schiff noted that the current U.S. national debt stands at $40.1 trillion, with an interest rate of 5.33%.
He calculated that servicing this debt would cost $2.14 trillion annually, a figure he described as exceeding Social Security expenditures.
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