Fund managers say the September jobs report may benefit the credit bond market.

Catalyst Funds portfolio manager Larry Holzenthaler stated in a report that the September employment report will be considered bullish news for the credit bond market. He noted that weak employment data could reduce the urgency for another rate hike, while keeping inflation as the Federal Reserve's primary concern, which would slightly balance market sentiment regarding interest rates. Holzenthaler said a slower pace of rate hikes would ease anxiety in the credit bond market; as yields have risen sharply, these markets have recently become restless. However, he believes that compared to traditional fixed-income assets, assets with shorter duration and greater sensitivity to credit factors continue to offer investors a more attractive risk-return profile.