The bond market appeared to settle down late last week after the Fed announced they will not begin tapering this month. Treasuries declined overnight as the U.S. prepares to sell $97 billion of debt over the next three days. Atlanta, New York, and Dallas Fed Presidents will all deliver speeches today. Debate over the federal budget and the debt ceiling resume today on Washington. This week’s economic news has moderate potential to move the market; many investors are waiting for next week NFP numbers to give any indication of the Fed’s next monetary move.
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