Rates faced upward pressure Friday following the release of stronger than expected economic and inflation data. Fourth quarter GDP was revised higher from 0.7% to 1.0% growth, above the consensus forecast of 0.4%. The Core PCE price index, the Fed’s preferred measure of inflation, rose 0.3%, above expectations. Separately, Personal Income jumped 0.5%, a bit more than expected. The higher inflation data increases the likelihood that the Fed will raise interest rates sooner than anticipated by investors. Consumer Sentiment fell to 91.7, close to expectations. No other key data will be released today.