Daily Market Update 6/4/15

Rates inched higher Thursday reflecting yesterday’s late sell-off of bonds and mortgage-backed securities.  In economic news, weekly Jobless Claims fell to 276,000, close to forecast.  First quarter Productivity declined by 3.1%, in line with expectations.  No other key data will be released today.  The closely watched Employment Report for May will be released tomorrow at 8:30 AM.

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