Rates held steady Thursday as mortgage-backed securities recovered from yesterday’s late losses. This morning, weekly Jobless Claims rose to 293,000, a bit below forecast. August Durable Goods Orders declined by 18.2% following last month’s 22.6% surge. The extreme volatility was due to large July aircraft orders. Excluding transportation, Durable Orders rose 0.8%, in line with expectations. Stocks moved lower. Results from today’s 7-year Treasury auction will be released at 1:00 PM.