The bond market is currently pricing in a 56.8% chance of a rate hike by December 2022.
Amid "pervasive uncertainty" over trade, "the ECB and the U.S. Federal Reserve appear to have given up on plans to tighten [monetary] policy."
The latest jobs report increases the odds the Federal Reserve will defer any interest rate hike until no sooner than December.
With readings on the U.S. economy "mixed" since the start of the year, the Federal Reserve will continue to "proceed cautiously."
While U.S. job growth slowed to 151,000 jobs after a year-end surge, the unemployment rate fell to an eight-year low.
The gain of 211,000 jobs in November should remove "the final doubts" that the Fed will raise rates this month.
Comments at a conference suggest policymakers are ready for "liftoff" at the Fed's December meeting.
S&P warns the speculative-grade market will be under pressure from a "near-certain" hike in interest rates.
October showed a 0.4% decline in the producer price index, possibly complicating the Federal Reserve's decision to raise interest rates.
Economists and investors see the October jobs report as a green light for the Federal Reserve to raise interest rates next month.
With income, consumption, and inflation trending lower, the prospects for an interest-rate hike next month may be dimming.
After its latest policy meeting, the central bank downplays recent financial market turmoil and drops warnings of global economic fragility.
