Reuters – Instant View: November nonfarm payrolls rose by 146,000

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MICHAEL KASTNER, PARTNER, HALYARD ASSET MANAGEMENT, WHITE PLAINS, NEW YORK

“I’m kind of surprised. It’s hard to figure out with what’s going on with Sandy. The market was looking for something very different. Overall it’s good to see. The payroll number is very encouraging. The bond players are not buying it though because the long end would have sold off more.”

Instant View: November nonfarm payrolls rose by 146,000