Fed Hike Odds Rise After Strong US Jobs Report

Seaport Research Partners Managing Director and Chief Equity Strategist Jonathan Golub said a stronger-than-expected US jobs report reinforces the case for the Federal Reserve to raise interest rates, despite US President Donald Trump’s calls for lower borrowing costs, according to Bloomberg. Golub also told Bloomberg This Weekend hosts Christina Ruffini and Jeff Mason that his bigger concern is longer-term bond yields as heavy AI investment and government borrowing compete for capital.