The Employment report was much lower than expected, which perhaps builds the case for both the bulls and bears. That might sound odd. The bulls need the economy to grow a little less than what the Federal Reserve desires to keep interest rates from rising until at least later in the year. The bond market obviously knows the economy is not good globally. The bull case is bond yields are so low there is nowhere else to put your money, and it will stay that way until rates rise.

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Market in a Minute 2015-4-7