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Stocks and yields head higher after strong jobs print

|About: iShares 20+ Year Treasur... (TLT)|By: , SA News Editor

November nonfarm payrolls were up 266K vs. 186K expected, and October's gain was upwardly revised to 156K from 128K. The unemployment rate unexpectedly dipped to 3.5%.

Bond yields have knee-jerked upward, with the 10-year Treasury up to 1.85% vs. 1.78% prior to the number. TLT -0.5%, TBT +1%

Up a hair prior to the print, S&P 500 (NYSEARCA:SPY) futures are now higher by 0.5%.

Gold (NYSEARCA:GLD) has dropped about $10 per ounce since the news, and the dollar (UUP, UDN) has moved the opposite direction.