Market Analysis

The bond market is improving this morning in response to weakness in the stock market and the fact that bond prices fell so low yesterday that they became more attractive to investors.  Our rates are approx 1/8th point lower this morning compared to yesterday afternoon.  The only economic data being released today is the Fed Beige Book at 1:00 PM CST which is a compilation of economic surveys from the 12 different Fed regions.  This is expected to show weakness across all regions.  Below is a 15 minute chart from Larry Baer's Market Alert service which shows the strength in early market trading.