Daily Note | January 10, 2025 | FSCO Bumps, JFR Rights, Constellation Bonds

Jan 10, 2025

∙ Paid

Good news is bad news, especially for big economic data points like the December jobs report that came out today. The report showed 256K news jobs being created, well above expectations of +160K.

Interest rates moved higher on the news as the market priced in fewer rate cuts from the Fed. The market is now pricing just one rate cut for the remainder of t…

Continue reading this post for free, courtesy of Yield Hunting.

Or purchase a paid subscription.