3:40 pm - Jobs. Jobs. Jobs: Treasuries got an added bid following the consumer credit report. The bonds had an OK, but mixed day, with the worse-than-expected jobs report not giving the trade the traction that perhaps it should have. With the 10.2% unemployment rate, and the slightly higher -190K on payrolls perhaps bad, but not bad enough as the market had been long forewarned that 10% was in the cards. The long end was swung prettyMore...
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