Lindsey Rosner, head of multi-sector fixed income investing at Goldman Sachs Asset Management, said the weak September employment report made it unlikely that the Federal Reserve would raise interest rates later this month. She said that today's weak data refutes the view that the labor market is being tightened again. Another rate hike in December is still their basic expectation, but continued market pressure and rising energy prices may force the Federal Reserve to act.

Lindsey Rosner, head of multi-sector fixed income investing at Goldman Sachs Asset Management, said the weak September employment report made it unlikely that the Federal Reserve would raise interest rates later this month. She said that today's weak data refutes the view that the labor market is being tightened again. Another rate hike in December is still their basic expectation, but continued market pressure and rising energy prices may force the Federal Reserve to act.