Prev. Price
It was another calm day in bond market yesterday.
After a strong opening, which saw pricing improve, we
stayed in a very tight range with little movement
throughout the day. Trading volume has been
exceptionally low as we head into the last trading day of
the year. The economic news that we did receive
yesterday did not live up to expectations as Pending
Home Sales and the Dallas Fed Manufacturing Survey
both came in below the consensus. Today we have the
Case-Schiller Home Price Index at 9:00 AM, Chicago
PMI at 9:45 AM and Consumer Confidence at 10:00
AM. The markets will close early at 2:00 PM so we can
expect any movement to happen in the early hours.
Happy New Years Everyone!
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