Last Updated: 10/16/2007

Tuesday's bond market has opened in positive territory as stocks show another round of losses. The stock markets are again posting early weakness with the Dow down 91 points and the Nasdaq down 17 points. The bond market is currently up 6/32, which will likely improve this morning's mortgage rates by approximately .125 of a discount point. September's Industrial Production report was released mid-morning today, revealing a 0.1% rise in output at U.S. factories, mines and utilities. This matched forecasts and has not had much of an impact on the markets this morning.