Fastea Capital posts Oct. 5, 2026 newsletter PDF on website
TLT•Fastea Capital published its Oct. 5, 2026 newsletter, highlighting September U.S. job growth of 29,000, unemployment of 4.2%, French 10-year OAT yields nearing 5% and a France–Germany spread of 139 basis points.
1. Newsletter highlights
Fastea Capital’s newsletter flagged a sharp slowdown in September U.S. job growth to 29,000 and unemployment edging up to 4.2%, driven by higher labor-force participation. It said slower wage growth eased inflation pressure expectations.
2. French fiscal concerns
The newsletter noted French sovereign stress, with the 10-year OAT nearing 5% on Oct. 1 and the France–Germany spread at 139 basis points. It summarized France’s 2027 budget plan, which targets reducing the deficit to 5.0% of GDP from 5.4%, while debt is seen rising to 121.7%.
