Treasuries Shrug Off Strong July Jobs Report
South State Correspondent
AUGUST 8, 2022
We remain hard-pressed to see a catalyst to materially higher rates in the near-term as the market interprets the hot jobs market as a reason for the Fed to remain aggressively hawkish which implies rate hikes until the economy falters. Be that as it may, better numbers are expected with the overall rate increasing by 0.2%
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