Implied odds of a 50 basis point March Fed hike jump after jobs data

The implied odds of a 50 basis point hike in March rose to 34% from 18% after today's non-farm payrolls data. Note that the meeting is on March 16, so we will get another jobs report before then.
With the Bank of England's narrow vote to hike 25 bps rather than 50 bps yesterday, the bond market is r

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