Photo: Robert Libetti/ Business Insider
The December jobs report is out, and the results are largely in line with expectations.And markets are barely moving.
S&P futures are up 3 points and teh 10-year yield is at 1.94 per cent.
Ahead of the report US stock market futures were flat. The U.S. 10 year yield was a 1.96%. Gold was down to around $1,635/ounce.
Some economists warned that a bullish number could actually cause market volatility to spike in the wake of yesterday’s FOMC minutes release. In case you missed it, some FOMC members said they wanted to end QE3 by the end of this year, which is much earlier than many had expected.