June Rate Hike Odds Collapse To Record Lows - Market Prices In No Hikes Through Feb 2017

The market took one look at today's dismal jobs data and marked down the data-dependent Fed's rate-hike schedule to record lows. June odds are now at 4% - the lowest on record...

And even out to Feb 2017 there is a less than 50-50 chance of The Fed acting...