GLOBAL TRADE CONTINUES TO DOMINATE MARKETS

By
Mortgage and Lending with Chris Brown | Certified Mortgage Planners NMLS 303797

Both stocks and bonds started the week this morning with little changes. Stock indexes were slightly better with the 10-yr note yield at 2.88% -1 bp. MBS prices at 8:30 am EST was up +5 bps from Friday’s close.

This week’s calendar has key economic data; CPI, PPI, Retail sales and housing starts and permits. Today two Treasury auctions will take place; at 11:30 am $28B of 3s, and at 1:00 pm $21B of 10s will be re-opening the issue from February. Treasury budget is expected to explode -$216B, which may get some comments as monthly federal deficits are expected to be about $1Trillion this fiscal year that ends at the end of September. Government debt is set to increase this year, the next and the next and the next from the tax cuts and infrastructure spending. More from source: http://remtg.co/SocialNews?id=Chris_691_1353_636564613393800000

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Tags:
market trends
global trade

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
530,430

Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner

Chris Brown 407.367.2974
Ask me a question
*
*
*
*
Spam prevention

Additional Information