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Tsy Sec Yellen

US TSY FUTURES
Bonds continue to trade weaker -- TYM1 nearly back to steady on day -- comments from Tsy Sec Yellen on jobs data nothwithstanding.
Rates inching off recent lows, note 10Y breakeven hits 2.4993% Highest since early April 2013. Equities near all-time high of 4232.25, ESM1 at 4225.0
  • SHOULD NEVER TAKE ONE-MONTH DATA AS UNDERLYING TREND, Bbg
  • JOBS REPORT IS STRONGER THAN NUMBERS SUGGEST ON HIRING, Bbg
  • WAGE GROWTH DOESN'T SEEM TO HAVE PICKED UP MEANINGFULLY, Bbg

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