at 900 this morning the 10 yr note traded down 1632 at 271 6 bp mortgage prices at 900 were 432 the stock indexes at 900 were poi: Congress is about as helpful these days as a cold sore
- 03/24/09 07:06 AM
At 9:00 this morning the 10 yr note traded down 16/32 at 2.71% +6 BP; mortgage prices at 9:00 were -4/32. The stock indexes at 9:00 were pointing to a weaker open after the 497 point rally yesterday. A big day today; this morning Bernanke and Geithner are testifying in Congress at Barney the Frank's committee in the House (again) on the AIG thing on paying bonuses. Congress is about as helpful these days as a cold sore. The Geithner plan announced yesterday is still being analyzed this morning; PIMCO and Blackrock have signed on to take part in the public-private (0 comments)