Good morning all!
The only economic report for today is the Jobless Claims, and that figure has come in at 434k, a little bit lower than the 439k that was expected, and not much different than the prior 433k.
Mortgage bonds are not moving much from yesterdays losses, as we are currently up 3 basis points and we are hugging the 1st level of support.
We’re going to have a huge day tomorrow in terms of economic reports. The Hourly Earnings, Non-Farm Payrolls, Unemployment Rate, and the Average Work Week are all coming out tomorrow all at 8:30, so looking on how today plays out to work up a rate-lock strategy for tomorrow.
