Rates inched higher Thursday in volatile trading. This morning, weekly Jobless Claims rose to 278,000, below the consensus forecast of 290,000. The Trade Deficit jumped to $46.0 billion, far exceeding expectations, to the highest level since November 2012. The large increase was attributed to a stronger dollar, affecting both exports and imports. Fourth quarter Productivity fell by 1.8%. An increase of 0.2% had been expected. Stocks moved higher. The closely watched Employment Report for January will be released tomorrow at 8:30 AM. No other key data will be released today.