Data Flash: NonFarm Payrolls -125K, Unemployment Rate Falls to 9.5%, Private Sector Adds 83,000 Jobs

RTRS-U.S. JUNE NONFARM PAYROLLS -125,000 (CONSENSUS -110,000) VS MAY +433,000 (PREV +431,000), APRIL +313,000 (PREV +290,000)

RTRS-U.S. JUNE PRIVATE SECTOR JOBS +83,000 (CONS +112,000; MAY +33,000); GOVT -208,000, CENSUS JOBS -225,000

RTRS-U.S. JUNE JOBLESS RATE 9.5 PCT (CONS 9.8 PCT) VS MAY 9.7 PCT

RTRS-U.S. JUNE AVERAGE HOURLY EARNINGS ALL PRIVATE WORKERS -0.1 PCT (CONS +0.1) VS MAY +0.2 PCT, TO $22.53 VS MAY $22.55

RTRS-U.S. JUNE YEAR-ON-YEAR AVERAGE HOURLY EARNINGS ALL PRIVATE WORKERS +1.7 PCT

RTRS-U.S. JUNE AVERAGE WORKWK ALL PRIVATE WORKERS 34.1 HRS (CONS 34.2) VS MAY 34.2 HRS, FACTORY 40.0 VS 40.5, OVERTIME 2.9 VS 3.0

RTRS-U.S. JUNE FACTORY JOBS +9,000 (CONS +25,000) VS MAY +32,000 (PREV +29,000)

RTRS-U.S. JUNE GOODS-PRODUCING JOBS -8,000, CONSTRUCTION -22,000, PRIVATE SERVICE-PROVIDING +91,000, RETAIL -7,000

RTRS-U.S. JUNE AGGREGATE WEEKLY HOURS INDEX FOR ALL PRIVATE WORKERS -0.2 PCT VS MAY +0.3 PCT

RTRS-US JUNE NONFARM PAYROLLS DECLINE FIRST IN 2010, LARGEST SINCE OCT 2009 (-224,000)

RTRS-U.S. JUNE JOBLESS RATE LOWEST SINCE JULY 2009

Price action is WHIPPY after the release....

Stock futures traded higher at first glance but flows went the other direction quickly...S&Ps are currently UNCH at 1021.75

The 10yr note has rallied 2.6bps lower to 2.929%.The red line is the lower band of a long term trend channel, the gray line is a long term fibonacci fan. HERE is a long term chart

The August FNCL 4.0 is +0-04 at 101-04.