NFP Jobs Day The good news: the jobless rate fell to 3.9%, the lowest rate since 2000. The bad news: the headline number was a miss, as was the increase in wages. The 2-year yields dropped. Change in Nonfarm Payrolls (Apr) 164K vs 193K Expected Average hourly earnings +0.1% m/m vs +0.2% m/m exp Short […]
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