Bond Traders Split on September as Fed Rate Path Remains Unclear

September 3, 2016 4:18 AM

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Bond Traders Split on September as Fed Rate Path Remains Unclear

Treasuries traders who were looking to Friday’s U.S. jobs data to settle the Federal Reserve’s path on interest rates came away just as uncertain as before.

A lukewarm August payrolls report left Wall Street divided about whether policy makers will act when they meet Sept. 20-21. Strategists at Goldman Sachs Group Inc. and Barclays Plc said the report bolsters the case for a September hike, while Citigroup Inc. and Deutsche Bank AG said the data don’t s...

Also read: The Fed, a Decade After the Crisis, Is About to Embark on the Great Unwinding

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