US 10 year note yields are up 7 bp at 3.22%, a boost to the dollar versus the other low-yielders, CHF and JPY.

USD/CHF jumped to 0.8777 from 0.8725 in the immediate aftermath of the report. USD/JPY popped to 80.95 from 80.35.

EUR/USD hs been volatile since the data, falling to 1.4468, rising to 1.4531 and now at 1.4470 as stops are triggered…