Jobs number tmr MUST fall below expectationsThat will indicate the need for a June cut. If job strength continues to overwhelm, on one hand, there's no recession but rate cuts get pushed further out yet again. The market has baked in 3 cuts starting in June and if June is no longer viable, the runup lately will need to be re-priced. For splits on the cusp especially DF now, it could spell a missed distribution.