Market Analysis

Bonds deteriorated slightly yesterday afternoon and opened this morning relatively flat with a negative bias.  Stocks have opened down which has now pushed bonds to neutral.  The economic calender is essentially vacant today.  Tomorrow and Friday will provide more data which could move markets.  Tomorrow we will see April Retail Sales, the April Producer Price Index and another week's data for unemployment claims.  Friday we will see the Consumer Price Index and the University of Michigan Consumer Sentiment Index.

Posted by Matthew Breston on May 11th, 2011 9:03 AMPost a Comment (0)

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