Thursday, August 8, 2013

The Mortgage Update 8-8-2013

It was another not-at-all riveting day on the bond market yesterday. Today has the biggest potential to move the drifting market with Jobless Claims to be announced at 8:30. The U.S. is scheduled to sell $16 Billion of 30-year bonds today. Demand for Treasuries and MBS could be supported because economists forecast claims for jobless benefits increased, showing signs of weakness in the U.S. economy. Let’s all put our rally caps on…





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