Stocks are set for more volatility as the 'unlucky 13' months of strong job growth complicates the Fed's mission to cool the economy

• A blowout jobs report and could make the Fed's job of tamping down inflation harder. 
• Treasury yields jumped as expectations for central bank rate cuts somewhat softened. 
• But stocks are facing a more volatile path forward, Bespoke Investment Group said. 

The world's largest economy has delivered another blowout jobs report, potentially injecting volatility into the stock market as the Federal Reserve's goal of pulling down inflation gets trickier. 

The April US jobs report showed nonfarm payrolls grew by of 253,000 and a fall in the unemployment rate to 3.4%. Economists were widely expecting growth of 180,000 jobs and a 3.6% jobless rate.