Good afternoon, Today quarterly earnings and unemployment news have been released, but the effect on rates has not been dramatic. Unemployment claims were substantially less than expectations and corporate earnings were not as bad as expected, but they were mixed. Retail discount corporations like Wal-Mart, BJ’s and Costco is where most of the purchasing [...]
Continue reading...Wednesday, July 9, 2008
Good Afternoon, Today’s bond market has remained flat as expected, but I think tomorrow we will see some movement after the Labor Department releases the weekly unemployment figures. The consensus is 399K new unemployment claims. If the results are much higher than the expectations then we will most likely see rates go down depending [...]
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Thursday, July 10, 2008
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