Daily Market Update 7/27/17

Rates were little changed Thursday following the release of mixed economic data.  This morning, June Durable Goods Orders jumped 6.5%, well above expectations.  However, excluding the volatile transportation component, orders increased just 0.2%, below forecast.  Weekly Jobless Claims rose to 244,000, close to expectations.  Results from today’s 7-year Treasury auction will be released at 1:00 PM.

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