Weekly Unemployment Claims (every Thursday)
Also early tomorrow morning will be the release of last week’s unemployment figures. They are expected to show that 380,000 new claims for unemployment benefits were filed last week, down from the previous week’s 419,000. Declining claims from week to week indicate a strengthening employment sector. Accordingly, good news for bonds and mortgage rates will be a higher number.
bond market is currently down 6/32 (1.25%), but we still should see little change in this morning’s mortgage rates.