The bond market has been focused on looking for nuggets of weakness. But the payroll number could tip things the other way. Another strong number could start to change people's minds.
Inflation is still something to keep an eye on. The market has priced in a slowdown but if we do get a surprise on payroll day, we could see a sell-off in bonds.
Inflation is still something to keep an eye on, ... The market has priced in a slowdown but if we do get a surprise on payroll day, we could see a sell-off in bonds.