Warren Sulmasy’s Market Comment for Thursday, January 31:
The Treasury Bond Market rallied slightly today. All eyes will focus on tomorrow’s monthly
(January) employment number, which is released the first Friday each month at 8:30 am ET.
The overall consensus places the non-farm payrolls to show employers added 160,000 jobs
compared with a rise of 155,000 in December. The unemployment rate is expected to hold
steady at 7.8 percent.