As reported by Reuters -- U.S. Treasurys shaved earlier gains Thursday after a measure of regional business activity posted a surprise increase, suggesting vigor in the U.S. manufacturing sector. The Philadelphia Federal Reserve's index on business activity in the U.S. Mid-Atlantic region was 20.4, the highest since April 2005. This compared with an expected 16.0 and November's 16.7. The price on benchmark 10-year Treasury notes was last up 18/32, compared with a 20/32 gain shortly before the data. Their yield, which (1 comments)
central texas mortgage rates: San Antonio Mortgage Interest Rates Down Slightly
- 12/17/09 09:18 AM
San Antonio Mortgage Interest Rates Down Slightly Higher than expected unemployment claims cause rally in the bond market only to be countered by an higher than expected regional business activity suggesting vigor in the US manufacturing sector. All in all, San Antonio mortgage interest rates are down slightly. The price on benchmark 10-year Treasury notes was last up 18/32, compared with a 20/32 gain shortly before the data. Their yield, which moves inversely to their price, was last at 3.53%, nearly the same level before the data and lower than the 3.60% late Steve Brown Senior Loan Officer Gold Financial (1 comments)
central texas mortgage rates: San Antonio Mortgage Rates Rise Slighty Wednesday
- 12/10/09 12:47 AM
San Antonio Mortgage Interest Rates Rise Slighlty on the Treasurys Fall on Poor 10-Yr Debt Sale As reported by Reuters -- U.S. Treasurys prices fell on Wednesday, sending 30-year yields to four-week highs after an unexpectedly poor auction of 10-year debt. The Treasury sold $21 billion of 10-year notes in an auction that registered weak demand by all measures and is likely to bode ill for Thursday's $13 billion 30-year bond auction. Wednesday's offering was the second of three this week that will total $74 billion and which may suffer from bad timing because many professional investors are unwilling to commit (0 comments)