Daily Market Update 1/27/11

Rates held steady Thursday on mixed economic data. Weekly Jobless Claims jumped to 454,000, well above forecast, however snowstorms last week may have distorted the results. December Durable Goods Orders fell by 2.5%. An increase of 1.5% had been expected. Pending Home Sales rose 2%, beating expectations. Results from today’s 7-year Treasury auction will be released at 1:00 PM. No other key data will be released today.

Leave a Reply

Your email address will not be published.

Back to top