On the heels of a real favorable jobs report, stocks (ES futures, above) are in 1 lawsuit once to a greater extent than knocking on the door of bull highs. Perhaps the close interesting moves inward the wake of the jobs data, however, were inward the United States of America involvement rates, where 10-year Treasury yields bring risen to 3.47%. That has given but about forcefulness to the the United States of America dollar. If nosotros start to run across speculation--and to a greater extent than importantly, data--to advise that the worst of unemployment is behind us, that could deed upwards the timetable for the Fed to unwind its depression involvement charge per unit of measurement regime. That would back upwards non exclusively Treasury rates, but the the United States of America dollar. Interestingly, nosotros could run across a shift inward which--at to the lowest degree for the fourth dimension being--rates, the dollar, in addition to stocks could deed inward the same direction, every bit economical forcefulness leads to greater concerns regarding inflation than deflation. One day's worth of information is but that, but I'll hold out watching those intermarket correlations closely.
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