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Friday, May 05, 2006

Economists And Analysts Were A Bit Optimistic

Disappointing payroll figures send Bonds higher: Economists and analysts were a bit optimistic going into this morning's Non-farm payrolls figures. The Labor department reported this morning that 138,000 jobs were created in April. This was well below the average analyst's estimate of 200,000 jobs. February and March's figures were also revised downward. Read More....