Daily Market Update 10/6/16

Rates faced upward pressure Thursday ahead of tomorrow’s release of key employment data.  This morning, weekly Jobless Claims fell to 249,000, below the consensus of 255,000.  Stocks moved lower.  The closely-watched Employment Report for September will be released on Friday at 8:30 AM.  Financial markets are likely to remain volatile in the meantime.  No other key data will be released today.

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