The B(L)S NFP "Surprise" Is Now Dead And Burried
Remember the jovial market response after the B(L)S came out with the 10% unemployment number courtesy of all able-bodied unemployed migrating to work in Tijuana? No? Neither does the market. The 10 Year is now back to pre NFP levels. It would appear the government's "data scrubbing" interventionism now has a half-life of at best 3 business days.