October 5, 2015: September’s disappointing labor market report combined with soft core inflation numbers diminishes the probability of a 2015 rate hike. Click here to read more.
IN THIS ISSUE OF FIXED INCOME WEEKLY:
September’s jobs report confirmed slowing labor market growth, in part because of falling commodities prices, but in part perhaps because something more positive is actually at work.
Despite Janet Yellen’s defense of a 2015 rate hike, the markets are pricing in no more than a coin flip chance of a hike at any discrete FOMC meeting.
With one quarter remaining and heightened investor scrutiny for corporates, companies’ ability to issue debt may be less straightforward than during other recent fourth quarters.
Falling energy prices have had a positive impact on transportation, particularly benefitting the municipal airport and toll road sectors.
October 5September 28September 21September 14August 31
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