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…
“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:
Up go the ARM readjustments. To bad fools. You deserve it.
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.
TIMBERRRRRRRRRRR!
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