Daily Market Update 9/8/11

Rates were little changed Thursday ahead of this evening’s much-anticipated jobs plan speech by President Obama.  In economic news, weekly Jobless Claims rose to 414,000, above forecast.  The July Trade Deficit was smaller than expected.  The European Central Bank (ECB) made no change in rates.  Stocks were mixed.  Fed Chairman Ben Bernanke will be speaking at 1:00 PM.  No other key data will be released today.

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