August 13th, 2013 9:04 AM by BILL WILBANKS
U.S. sales reported slightly below forecast but still up for 4th month in a row this morning. The 10-yr note jumps to 2.69% (up 7 bp) early this morning and could portend bump on rate picture later as lender treasury departments begin the mornings first rate sheet postings.
Bill Wilbanks