For the bond market, that seems to translate into still lower rates at the long end. In fact, keeping the Fed in wait-and-see ...

S&P 500 edges up as jobs miss at 143K but wages surge 4.1%. Markets weigh strong labor data against Treasury selloff and rising yields.

S&P 500 gains 0.4% despite soft jobs data and Amazon earnings miss. Tech sector weighs AI costs as Meta's rally extends and Nike struggles.