The following are the expectations for today's US jobs report by the economists at Goldman Sachs, Bank of America Merrill Lynch, SocGen, Credit Suisse, and other leading banks. GS: Our expectations for the May Employment Report are a touch more dovish than those of the consensus. Our US economists expect Nonfarm Payrolls at 210K (consensus 215K) and the unemployment rate to increase from 6.30% to 6.50% (consensus 6.40%). Given the recent price action and the existing set of expectations, a report in line with our forecast is unlikely to have any significant impact on the US Treasury market in our view. SocGen: SG ... (full story)