FIRST AIRED: June 4, 2016

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Transcript

00:00:00
aother solid jobs report this morig keeps the fed hike lookig like it's goig to happe i'm david gaffes ad market their writers ad told the labor departmet said that for the moth of july we had two hudred fiftee thousad jobs created that wet out where was expected private payrolls were pretty strog ad %HESITATION the overall uemploymet rate was uchaged so basically what it meas that market ow still expect the fed to raise rates i september that report does't just wait people i either directio , so what we're seeig ow is a bit of actio i the bod market that pretty iterestig to me right ow you have log dated rates are comig dow while short dated rates are goig up a little bit ad basically what that meas if you take it all together ivested meas that people eed a great hike up happeig that the fed will fially raise rates for the first time i about a decade , but they do't see a lot of iflatio right ow ad without that iflatio log rates are ot really goig to go up all that much