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The about inline payroll report was just fine for stocks - where the Dow (DIA +1.2%) is up...

The about inline payroll report was just fine for stocks - where the Dow (DIA +1.2%) is up nearly 200 points at lunchtime - but it's too fast for Treasurys where the 10-year yield has jumped 7 bps to 2.14%, and the long bond price has dropped nearly a full point.
Comments (4)
  • BRUCE LM
    , contributor
    Comments (42) | Send Message
     
    Perhaps someone got it...yesterday?
    7 Jun 2013, 12:37 PM Reply Like
  • CaladesiKid2
    , contributor
    Comments (271) | Send Message
     
    Kudos to Jamie Dimon in his handling of the economic policy. Clearly, the select few financial institutions continue to benefit from this distorted economic picture. A miniscule increase in jobs, driven by part time and restaurant/bar hirings, launches yet another surge in equity prices for.....yes JPM, C, MS and their select friends. As for improving business conditions for Main Street and those of us in small business? Not so much.
    7 Jun 2013, 12:46 PM Reply Like
  • optionsexpert
    , contributor
    Comments (279) | Send Message
     
    Welcome to the last 30 years.
    7 Jun 2013, 01:04 PM Reply Like
  • yliu54
    , contributor
    Comments (170) | Send Message
     
    All over the world most governments and central banks are very shortsighted these years.
    7 Jun 2013, 01:49 PM Reply Like
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