Janney Montgomery Scott's LeBas on ADP Data

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Feb. 1 (Bloomberg) -- Guy LeBas, chief fixed-income strategist at Janney Montgomery Scott LLC, talks about January's ADP Employer Services report and the outlook for Federal Reserve policy. Companies added 170,000 workers to their payrolls last month, according to data today from ADP while the median projections of economists surveyed by Bloomberg News called for an advance of 182,000. Lebas speaks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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