Summary Box: Interest rates rise on stronger-than-expected jobs, consumer borrowing reports

Summary Box: Rates rise on jobs data

JOBS DATA MATTERS: Interest rates rose in the bond market Friday after the government reported better than expected February jobs data. The unemployment rate remained at 9.7 percent.

INVESTORS’ REACTION: Traders sold out of bonds and bought stocks and other riskier assets. Investors view government bonds as safe investments, while stocks typically provide bigger returns when the economy is growing.

CONSUMERS COUNT: The Federal Reserve said consumer borrowing rose in January. The small gain added to the hopes that Americans are regaining confidence in the economy, sending investors back into stocks.