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Daily Market Update 5/27/10

Rates inched higher Thursday following a rally in stocks. Today’s economic data had little impact. Weekly Jobless Claims declined to 460,000, above forecast. First quarter Gross Domestic Product (GDP) was revised down to 3.0% from 3.2%. There will be a 7-year Treasury auction at 1:00 PM. No other data will be released today.

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