Stocks, Bonds Recover After Dropping in Wake of Jobs Report

Prices of stocks and bonds at first fell sharply after [Friday's jobs report](https://ift.tt/jusiWPA), reflecting concerns that it would push the Federal Reserve to raise interest rates as early as its next meeting in less than a month. Wall Street analysts observed that the report’s household survey, which determines the unemployment rate, was not as strong as the employer survey. The yield on the 10-year U.S. Treasury note was recently 4.784%, according to Tradeweb, compared with nearly 4.88% just after the jobs report was released and 4.715% at Thursday’s close.