Market Analysis

Yesterday's 10 Yr Treasury note auction resulted in a higher yield/rate than was expected which put upward pressure on rates, but today's 30 Yr had better demand than was expected.  In this morning's economic news, Initial Jobless claims for the week ended 2/6/10 were much lower than expected, down 43,000 vs expectations for a 15,000 increase.  The release of January's Retail Sales report was delayed until tomorrow.

Posted by Matthew Breston on February 11th, 2010 1:08 PMPost a Comment (0)

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