Updated on February 27, 2017 10:19:04 AM EST
Today’s sole relevant economic report was Januarys Durable Goods Orders at 8:30 AM ET. It showed a 1.8% decline in new orders for big-ticket products such as appliances and airplanes, matching forecasts. However, a secondary reading the excludes more costly and volatile airplane orders showed a 0.2% decline when analysts were expecting to see a 0.5% increase. This means that the manufacturing sector was weaker than expected if transportation-related orders are excluded. Therefore, we can consider the data slightly positive for bonds and mortgage rates.