Market Analysis

November 15th, 2011 12:53 PM
US Treasury Bonds are slightly worse and mortgage-backed securities issued by Fannie Mae and Freddie Mac are slightly better today.  In economic news today, the October Producer Price Index (PPI) came in down .3% vs expectations for a negative .2%.  The Core PPI (excluding food and energy) came in unchanged vs expectations for a .1% increase.  October Retail Sales came in up .5% which was better thant the .4% expected.  Excluding the more volatile automotive segment, Oct Retail Sales ex-auto came in up .6% vs expectations for a .2% increase.  Overall the economic news was better than expected.  Stocks are up on the Retail Sales report.

Posted by Matthew Breston on November 15th, 2011 12:53 PMPost a Comment (0)

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