Yesterday was a slow day in the bond market with no economic news moving the needle in either direction. Today GDP and jobless claims are released at 8:30. GDP has the opportunity to step up to the plate and help us out today. If GDP shows the economy was hurt by the government shut down we could see rate improve, however if it shoes economic expansion we could see a sell off. Similarly, Jobless Claims data should show hiring improved last month. If it fails to meet expectations volatility could increase today. Tomorrow is the big day with another Employment Situation Report due out. Who doesn’t love a Jobs Friday?
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