
The May jobs report shocked Wall Street, with the US adding 172,000 jobs and pushing Fed-hike bets higher. Bond yields surged as stocks pulled back and investors leaned out of the AI trade. White House National Economic Council Director Kevin Hassett and BlackRock Global Fixed Income CIO Rick Rieder react to the numbers. Meanwhile, Revelio Labs CEO Ben Zweig joined "Bloomberg Open Interest" to warn about the "frozen" labor market and how entry-level workers can get ahead in the hiring process. Get a jump start on the US trading day with Matt Miller and Dani Burger on Bloomberg Open Interest. (Source: Bloomberg)
View original source — Bloomberg ↗


