US stocks are marginally higher after the US jobs report

US stocks are marginally higher as implied by the futures in premarket trading. The small gains are not being hurt by higher yields, but being helped by the prospects of a solid economy. Inflation concerns are there, but not a worry just yet:

• Dow industrial average of 43 points
• S&P index up 3 points
• NASDAQ index up 9 points

looking at the US debt market:

• 2year yield 4.264%, +5 point basis points
• 5-year 4.341%, plus it 20 basis points
• 10 year 4.496%, +5.9 basis points
• 30 year 4.698%, +5.2 basis points

This article was written by Greg Michalowski at www.forexlive.com.