• Nonfarm Payrolls
    • 177k vs 130k f'cast, 185k prev
    • last month revised down from 228
  • Unemployment Rate
    • 4.2 vs 4.2 f'cast, 4.2 prev
  • Participation rate 
    • up 0.1% (bad for bonds)

Given the fears that have been materializing for bonds in other economic data, this is a solid enough (but not fantastic) report to do a bit of damage, but just a bit so far.

MBS are down just over an eighth of a point and 10yr yields are up 4.3bps at 4.261.