"Good" Jobs News Sparks Selling In Stocks, Bonds, Gold; Dollar Spikes

www.zerohedge.com

Well, for now, good news is bad news as a stronger than expected payrolls print has reduced the odds of a July rate-cut, sending the dollar higher and stocks, bonds, and gold lower...

The odds of a 50bps cut in July have plunged from 27% to 11%...

10Y is back above 2.00%...

Stocks are sinking...

The Dollar is spiking...

And gold is dumped...