Tuesday, December 31, 2013

Market update


MBS -8/32 @ 102.310     10 Yr Treasury -16/32  @ 3.035         Dow +49 @ 16,554

 

Consumer Confidence jumped to 78.1, above the consensus of 77.0. Gold prices dropped to the lowest level since June. Thursday, Jobless Claims, ISM Manufacturing, and Construction Spending will be released. MBS markets will be closed tomorrow in Observance of the New Years holiday.

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