Market Analysis

Bond markets began worsening yesterday around mid day.  Yesterday the Conference Board's Feb Leading Indicators were up .1% which matched market expectations and the Federal Reserve's March Philadelphia Region Index was up to 18.9 which was higher than market expectations for an 18.0 reading and a Feb reading of 17.6.  This morning bonds also opened slightly weaker but are moving towards breakeven as the stock market is softening in mid morning trading.   There is no key economic news on tap today or Monday.

Posted by Matthew Breston on March 19th, 2010 9:28 AMPost a Comment (0)

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