Just when you thought jobs data Fridays couldn't get more exciting, the economic deities serve up two reports tailor-made for low-rate aficionados.
Today's softer-than-expected employment data is keeping North American bond yields in a nosedive. And given the market's positive reaction to U.S. Treasury supply projections, it looks increasingly likely that the ceiling for yields is in.
With economic deterioration mounting and bond bulls stampeding away from 5% yields, Bruce Buffer would probably tell you, "It's time!" to bet on variables.