This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Bracing for the jobs reportU.S. stocks dipped slightly Thursday as investors braced for the September job report coming out today. Yielding to high yieldsThe 10-year Treasury yield hit 4.8% Tuesday, a 16-year high. That isn't really a surprise, given the surge in U.S. Treasury yields and the September slump in stocks.

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