John Herrmann, senior fixed-income strategist at State Street Global Markets, discusses ADP Employer Services' jobs data for June and weekly initial jobless claims.   Companies in the U.S. added 157,000 workers to their payrolls last month, according to figures from ADP. Jobless claims fell by 14,000 to 418,000 in the week ended July 2, Labor Department figures showed. Herrmann speaks with Lisa Murphy, Michael McKee and Scarlet Fu on Bloomberg Television’s "In the Loop."