[The Market Seems to Interpret Non-Farm Data as a Stable Labor Market, Allowing the Fed to Focus on Lowering Inflation] Jin10 Data, April 3 – A financial markets reporter from *The New York Times* based in New York: Today, the stock market is closed due to the Easter holiday, but the bond market remains open, with trading continuing until noon local time. Investors initially seem to interpret the new data as, 'Against the backdrop of a still-stable labor market, the Federal Reserve can focus on reducing inflation.' This likely implies higher interest rates. The yield on the two-year U.S. Treasury note, which is sensitive to changes in interest rate expectations, surged significantly to 3.85% following the release of the data.