NEW YORK (CNN/Money) - With Federal Reserve chief Greenspan's testimony behind us, and the big monthly jobs report ahead of us, markets -- especially the bond market -- may just chop around again today.

Neither Greenspan nor the representatives questioning him yesterday showed interest in the markets' current obsession: will the Fed drop the word "measured" from its policy statements to open the door to more (less?) aggressive rate hikes.

Yawn. This one's getting a bit overdone. And that was appropriate -- it was the House BUDGET committee after all. So all the focus was on deficits and Social Security (Greenspan seems to like private accounts even more than two weeks ago when he last spoke).

Today the government gave us weekly jobless claims for the end of February. At 310,00, they continue to hover in a range that will undoubtedly encourage bullish views of a payrolls increase in tomorrow's report further north of 200,000, even though the jobs survey was taken two weeks earlier.

Might as well sit back and relax though because the big report is tomorrow and until that is released all bets are off.

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-- Kathleen Hays is economics correspondent for CNN and contributes to Lou Dobbs Tonight.