Lates News

Catalyst Funds portfolio manager Larry Holzenthaler said in a report that the September jobs report will be seen as good news for the credit bond market. He said weak payroll figures could reduce the urgency of another rate hike while keeping inflation as the Fed's primary concern, thereby slightly balancing market sentiment around interest rates. Holzenthaler said a slower pace of rate hikes would ease anxiety in the credit bond market, which has become unsettled recently as yields have risen sharply. However, he believes that assets with shorter duration and greater sensitivity to credit factors continue to offer investors more attractive risk-reward compared with traditional fixed-income assets.