Wednesday, October 12, 2005

Treasury Rates Moving Higher

Treasuries got whacked today. The decline in treasury prices (and increase in yields) is supposedly due to positioning ahead of the release of inflation data scheduled for this Friday.

“Selling pressure on 10-year notes pushed yields above a closely watched technical barrier at 4.44 percent. The benchmark note was down 14/32 on the day for a yield of 4.45 percent compared with 4.40 percent on Tuesday.”

More…

3 Comments:

Anonymous Anonymous said...

Up go the ARM readjustments. To bad fools. You deserve it.

Wednesday, October 12, 2005 7:52:00 PM  
Anonymous Anonymous said...

Some homeoewners who singned up for those options arms and arm accounts have to be shaking about now thinking about the readjustment. Oh they probably sell out in a year at a profit. NOT!
Prices are dropping sorry Charlie.

Thursday, October 13, 2005 5:00:00 PM  
Anonymous Anonymous said...

TIMBERRRRRRRRRRR!

Thursday, October 13, 2005 5:14:00 PM  

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