Svmuu News: Subadra Rajappa, Head of U.S. Interest Rate Strategy at Société Générale, commented on the U.S. nonfarm payrolls report: "The current focus is primarily on the unemployment rate, as the pace of job growth has been slowing. The decline in the unemployment rate and the rise in wages provide the Federal Reserve with stronger grounds to keep interest rates unchanged in January. Federal Reserve"The bond market, however, reacted rather mutedly to this key economic indicator. Perhaps the lack of news is a good thing for risk assets. (Jin Shi)