Weekly Unemployment Claims (every Thursday)
This morning’s economic data hasn’t influenced bond trading or mortgage pricing. Both releases were considered minor and neither showed a significant variance from forecasts. Last week’s unemployment update showed that 211,000 new claims for unemployment benefits were filed last week, down a tad from the previous week’s 212,000 new filings. Analysts were expecting to see 218,000 new claims, so we can consider the data slightly negative for bonds.