Bill Gross: September isn't a sure thing but it's close

Bill Gross after non-farm payrolls

Janus Capital's Bill Gross said today's jobs report doesn't change anything and that there is still a very high probability of a hike on Sept 21.

He cited the comments from Janet Yellen and Stanley Fischer at Jackson Hole.

The market is far less convinced with two-year yields quickly moving 4 basis points lower to 0.7480%.

After September, he said the Fed will be done for the year and he also warned about financial instability for the rest of the year.

Bill Gross: September isn't a sure thing but it's close
Bill Gross: September isn't a sure thing but it's close
http://www.forexlive.com/feed/news