Market Analysis

Iron Harbor Mortgage - Market Update 07/28/2010
July 28th, 2010 1:41 PM
Bonds opened stronger this morning on a weaker than expected June Durable Goods Orders report.  Analysts has been expecting a 1% increase in Orders. The actual number was a 1% decrease.  Excluding the more volatile transportation component of this report, analysts had been expecting an increase of .6%.  The actual number was a .6% decrease.  Bonds are holding their early morning improvement on strong investor demand for today's 5-year US Treasury auction.
Posted by Matthew Breston on July 28th, 2010 1:41 PMPost a Comment (0)
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