Uh-oh... the payrolls "bad news" does not appear for now to be bad enough to prompt a "good news" buying mania as perhaps - just perhaps - the market is coming around to the total farce of smoke and mirrors of lower rates and QE doing anything for the real economy is being exposed... Dow futures are down 90 points, TSY yields down 7-8bps and USD weakness spreads as carry trades are unwound en masse.
Stock futures not happy...
The entire bond complex is seeing yields collapse...
as The Dollar gets dumped and Swissy soars...
The S&P has joined the Dow in the red for 2015...
Charts: Bloomberg





