After Non-Farm Payrolls Data Release, Expectations for December Rate Hike Reduced

BlockBeats News, August 7th. The U.S. interest rate futures market pricing indicates that the expected rate hike by December is only 28 basis points, lower than the 32 basis points before the release of non-farm payrolls data.

In addition, the weak July non-farm payroll data caused a surge in U.S. bond prices.