Monthly Archives: August 2009

Good morning!   MARKET UPDATE:  This morning the bond market started off with small gains but a positive Existing Home Sales report quickly reversed that trend and ignited a sell-off on treasuries. The report showed a month to month increase … Continue reading →

Good morning!   MARKET UPDATE:  Ten-year yields surged 37 basis points last week, the most since March 2003, as better-than-estimated employment, home- sales and manufacturing data boosted confidence that the U.S. economy is recovering from its worst slump since the … Continue reading →

Good morning! MARKET UPDATE:  Treasuries enjoyed a solid rally at the end of last week in the face of positive earnings and an improving 2nd Quarter GDP report; so it’s not shocking they are giving back profits this morning.  Oversea … Continue reading →