How the bond market is pricing in jobs data, Fed rate cuts

in August, growing by 142,000 nonfarm payroll jobs against estimates of 165,000. As the Federal Reserve gears up for its September meeting, more investors are beginning to price in the odds of a 50-basis-point cut to interest rates.

So I think that's also part of the story that it's not being priced out yet and people are still sort of waiting in a complacent fashion. So I think you need to start to press that we still find the belly attractive, maybe go to fives and short, maybe long end towards the twenties or thirties start to take advantage of that.It's not actually the inversion that causes the recession.

I think it starts to get ahead of itself with 9.5 going to 2025 and still saying we're going to have a soft landing.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fed responds to economic data, not politics or stocks, says Chicago Fed's GoolsbeeChicago Federal Reserve Bank President Austan Goolsbee on Thursday reiterated that the central bank's job is not to respond to stock market routs or...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Fed responds to economic data, not politics or stocks, says Chicago Fed's GoolsbeeThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Navigating the bond market ahead of Fed rate cutsStocks (^GSPC, ^DJI, ^IXIC) and Treasury yields (^TNX ^TYX, ^FVX) are negatively correlated for the first time since the 2023 regional banking crisis...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »