10-Yr: +07/32..3.499%.. USD/JPY: 89.9025.. EUR/USD: 1.4843Jobs. Jobs. Jobs: Treasuries got an added bid following the consumer credit report. The bonds had an OK, but mixed day, with the worse-than-expected jobs report not giving the trade the traction that perhaps it should have. With the 10.2% unemployment rate, and the slightly higher -190K on payrolls perhaps bad, but not bad enough as the market had been long forewarned that 10% was in the cards. The long end was swung pretty well with the 30-yr getting back to the worst levels since mid-August and the 2-yr near its best since May. Trade is going to be all about supply with next week's $40B 3-yrs, $25B 10-yrs and $16B 30-yrs to be auctioned Monday, Tuesday and Thursday (financial markets are closed on Wednesday) all offerings are record levels. As far as how the weirdly chopped up week will shake out is hard to gauge, but either way, Thursday's offering might be ugly with a capital "f". The latter part of the day saw some serious unwinding of the curve trade with the 2-10-yr yield spread 265.1 after a brief trip to near 270. The dollar was able to hold on to minor gains, but trade devolved into really tight ranges late in the day. The week ahead has a back loaded calendar, but there is no serious junk in the trunk either, and the auctions will consume the market's scattered attention. Fed-speak will be heating up a bit, and they may have some explaining to do (although most of them have been on the 10% bandwagon for some time) with gov Tarullo late Monday (19:00)and pretty much a couple a day for the rest of the week.