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Treasury 10-Year Notes Fall as Job Growth Exceeds Forecast Again!
Treasury 10-year notes fell after a government report showed employers added more jobs in November than economists forecast, suggesting the economy is weathering the worst housing slump in 16 years. Yields on the benchmark securities were headed for their first weekly increase since October as traders reduced bets that the Federal Reserve will cut its target lending rate by a half- percentage point at its meeting Dec. 11.
We are still up and down like a roller coaster! I think that we will still see a rate cut. I don't think that this rate freeze will help much.....look at FHA Secure! I can honestly say that I haven't put a single person on FHA secure.
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