Jobs Surge Raises Odds of September Fed Hike

On Bloomberg This Weekend, Seaport Research Partner Managing Director & Chief Equity Strategist Jonathan Golub says a stronger-than-expected US jobs report reinforces the case for the Federal Reserve to raise interest rates, despite President Donald Trump’s calls for lower borrowing costs. Golub also says to 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. (Source: Bloomberg)