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Friday, March 29, 2024

Stocks, Dollar, & Bond Yields Surge After Huge Jobs Beat

Courtesy of ZeroHedge View original post here.

Following a much better than expected jobs gain in November, markets have reacted rather dramatically with bond yields and the dollar gapping higher and stocks jumping…

The dollar erased yesterday’s drop…

Source: Bloomberg

And 30Y Yields are spiking back to the highs on Monday…

Source: Bloomberg

And as the dollar spikes, gold is hit…

Kudlow is due up next on CNBC so that should help too…

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