Tomorrow has three economic reports scheduled to be posted. Besides the relatively inconsequential weekly unemployment figures, we will also get two monthly reports. The more important of them is the Commerce Department’s Retail Sales data for March at 8:30 AM ET. This data gives us a measurement of consumer spending, which is very important because consumer spending makes up over two-thirds of the U.S. economy. Forecasts are calling for a 0.8% rise in sales from February to March. If we see a larger increase in spending, the bond market will likely fall and mortgage rates will rise as it would indicate consumers are spending more than thought, fueling economic growth. On the other hand, a weaker than expected rise in sales could push bond prices higher and mortgage rates lower.