Bond Traders Respect Job Gains, But Inflation Is Make-or-Break

If the latest U.S. payrolls report wasn’t strong enough to rattle the bond bulls, this week’s inflation data may do the trick. Employers added an above-forecast 209,000 workers in July and the jobless rate matched a 16-year low. Bank of America Corp. said the report had “everything you could ask for...

Bond Traders Respect Job Gains, But Inflation Is Make-or-Break