What a Week: Payrolls Soothe

A fight every now and then makes a relationship stronger. Arguments clear out the cobwebs and help air issues that may have been swept under the rug. But most important, the making-up can be rejuvenating.

Friday morning's payrolls report seemed like the kiss-and-make-up moment after a brief two-week spat between investors and the "Goldilocks" ecomony -- the ideal of moderate growth and low inflation.

After a volatile couple of weeks, stocks rallied and U.S. Treasury bond yields soared Friday morning. But by Friday afternoon, the relationship seemed back on slightly shaky ground. ...