Daily Market Update 2/23/17

Rates held steady Thursday as newly released economic data came in close to expectations.  This morning, weekly Jobless Claims rose to 244,000, in line with forecast.  Yesterday’s release of Minutes from last month’s Fed meeting revealed that some Fed officials believe it might be appropriate to raise interest rates as early as March, although many investors remain skeptical given the uncertainty surrounding U.S. fiscal stimulus under the new administration.  Results from today’s 7-year Treasury auction will be released at 1:00 PM.

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