A surging 2-Year yield and 3.7% PCE set up August jobs data.

An overview of the week ahead: Fed Chair Kevin Warsh's Jackson Hole speech shifted expectations, pushing the 2-Year yield higher and raising the probability of a September rate hike to 57%. The focus now turns to Friday's U.S. nonfarm payrolls report, which will serve as a key test for the Fed's next move alongside a stubborn 3.7% core PCE inflation rate. Meanwhile, WTI Crude Oil futures hover in the low $80s as Iran-Oman talks over the Strait of Hormuz introduce potential supply considerations. Plus, a look at an earnings week featuring 44 major companies and a full slate of global economic data.