GLOBAL MARKETS-Shares, dollar rally on U.S. jobs report

* Wall Street gains on better-than-expected February payrolls report * European shares rise further, MSCI world index hits 4-3/4 yr high * Dollar touches 3-1/2-year peak against yen * U.S. Treasury yields jump after labor report By Herbert Lash NEW YORK, March 8 (Reuters) - World equity markets rallied and the U.S. dollar strengthened on Friday after an unexpectedly sharp jump in U.S. employment in February reinforced the view that the world's biggest economy is gaining tra