Dollar, bond yields rise after strong U.S. jobs data

By David Gaffen NEW YORK (Reuters) - The dollar jumped more than 1 percent to a 7-month high and short-term benchmark U.S. bond yields rose to their highest in five years on Friday, after stronger-than-expected jobs data left investors expecting the first rise in U.S. interest rates in almost a decade next month. Wall Street dipped modestly, rebounding from earlier losses, a sign that investors have grown comfortable with the idea that the Fed will raise rates before the end of the year. The hea