DNY59 June 7th's surprisingly strong jobs report was the latest data point to dampen hopes for any near-term reduction in interest rates. Wednesday's Bureau of Labor Statistics' May CPI report showed moderating inflation, but the Federal Reserve's two-day policy meeting comments postponed any rate cuts. Meanwhile, all varieties of income-oriented investors continued what has become a marathon task to strategize on how best to capitalize on the prospect of an imminent/ultimate decline in rates. An often-espo ...