Market Snapshot View Full Overview“The February jobs report seems supportive of the goldilocks economic story of continued strong employment gains amidst moderate inflation pressures,” economists from BNP Paribas wrote in a client note Friday. After the report, investors moved out of super-safe United States government bonds, pushing prices down and yields — which move in the opposite direction — slightly higher. The market reaction on Friday was in sharp contrast to what happened after last month’s employment report. Then, a faster-than-expected rise in wages worried investors that inflation was coming. Stock markets plunged, as investors feared that the Fed would raise interest rates to fend off inflation.

Source: New York Times March 09, 2018 16:52 UTC