Market Analysis

Iron Harbor Mortgage - Market Update 03/18/2010
March 18th, 2010 8:59 AM
The bond market is are relatively flat this morning.  In economic news, Initial Jobless Claims for the week ended 3/13 were down by 5,000 to 457,000 which was very close to the 7,000 expected decrease.  Continuing Claims  for the week ended 3/6 decreased very slightly to 4.579 million.  The market had been expecting continuing claims to drop to 4.522 million.  The Consumer Price Index (CPI) was unchanged  vs market expecations for a .1% increase and the Core Rate (excluding food and energy) was up .1% which matched market expectations.
Posted by Matthew Breston on March 18th, 2010 8:59 AMPost a Comment (0)
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