Archive List for yahoo finance

The bond market bounces higher after the better-than-expected September jobs report indicated the labor market may be stronger than previously expected. George Catrambone, head of fixed income and head of trading at DWS Group, joins Julie Hyman and Josh Lipton on Market Domination to outline his view that the Federal Reserve’s September 50 basis cut may have been preemptive and what it means for the fixed income market going forward. He says the Fed may have been too eager to cut 50 basis points at the September meeting, explaining, “I think they were in front, and I think it’s too early to call it a policy error. But the data […]