After a disappointing jobs report in February, the labor market rebounded with a strong report in March. The reported number significantly exceeded analysts expectations of 170,000 jobs in March. This positive information calmed investors regarding the strength in the United States economy. This was signaled by a rise in many government bond prices. Furthermore, investors concern of wage growths’ impacts on inflation has been marginalized. Steady wage growth has been reported but not at the exuberant level some analysts had predicted. Inflation threatens bonds value because it erodes the purchasing power of predetermined payments.