Market Analysis

Bonds are getting a boost this morning from a weaker than expected November Non Farm Payroll Report.  The headline figure was expected to be up 130,000 to 150,000, of which Private Sector payrolls were expected to be up 140,000. Instead, the headline figure came in up only 39,000 with Private Sector payrolls up only 50,000.  The national unemployment rate moved up to 9.8% vs expectations for it to drop to 9.6%.

Posted by Matthew Breston on December 3rd, 2010 7:55 AMPost a Comment (0)

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