bond market information rate advisory: Bond Market Information Rate Advisory
- 07/15/09 04:00 PM
Wednesday's bond market has opened in negative territory again after this morning's economic data gave us stronger than expected results and yesterday's after-hours earnings release from tech giant Intel has helped boost stock prices during early trading. The Dow is currently up 27 points while the Nasdaq has gained 44 points. The bond market is currently down 16/32, which will likely push this morning's mortgage rates higher by approximately .375 of a discount point.The Labor Department gave us the first piece of data with their release of June's Consumer Price Index (CPI). It revealed a 0.7% increase in the overall index … (0 comments)
Wednesday's bond market has opened in negative territory again after this morning's economic data gave us stronger than expected results and yesterday's after-hours earnings release from tech giant Intel has helped boost stock prices during early trading. The Dow is currently up 27 points while the Nasdaq has gained 44 points. The bond market is currently down 16/32, which will likely push this morning's mortgage rates higher by approximately .375 of a discount point.The Labor Department gave us the first piece of data with their release of June's Consumer Price Index (CPI). It revealed a 0.7% increase in the overall index … (0 comments)
;)
;)
