The U.S. underemployment rate declined from 8.2% to 8.1% in May.

The 2-year U.S. Treasury yield increased by 6 basis points to 4.1% in reaction to the May jobs report.

The equity new issuance market is currently very active, highlighted by a major deal from Alphabet and the ongoing IPO roadshow for SpaceX.

Following the May jobs report, the 10-year U.S. Treasury yield rose by 5 basis points to 4.52%.

S&P 500 futures declined by 45 points following the release of the May jobs report.

Following the May jobs report, traders are fully pricing in a quarter-point Federal Reserve rate hike by the end of the year.

The US has experienced persistent nominal GDP growth of over 5%.