US posts another bumper jobs number

US posts another bumper jobs number

Jobs in the US economy surged another 528,000 created against a predicted 250,000 from economists. US bonds sold off on the news as investors re calibrated where the federal reserve was prepared to raise interest rates to in order to control inflation. Other moves were a spike in the dollar and a sell off in US Equities as these are both affected by the perception of an increase in interest rates.