In the US, rates sold off slightly after nonfarm payrolls declined less than expected and the Fed signaled that it could pause after easing 25bp last week. However, signs of economic weakness remain as the Case-Shiller 20 City Home Price Index showed a very large decline of 12.7% from a year ago in March and [...]
Entries Tagged as 'Fixed Income Strategy'
In the US, rates sold off slightly after nonfarm payrolls report
May 4th, 2008 · No Comments
Tags: Fixed Income Strategy