Orlando Mortgage Blog

Bonds Rebound After May's Weak Retail Sales

June 11th, 2010 10:48 AM by BILL WILBANKS

    

Bonds recovered somewhat this AM from yesterdays nearly 300 point jump on the DOW. Net effect is about a 0.25% price increase over night on long term (mortgages) but could have been worse. No drastic rate move this morning thanks to lower retail sales numbers for May showed the consumer may have been slowing down. Read more... 

 

Posted in:General
Posted by BILL WILBANKS on June 11th, 2010 10:48 AM

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