Huge jump in Treasury bond yields lures buyers back to the battered market
Yesterday the 4% coupon fell 100bp with the absence of buyers, but the opposite happened today as buyers came out in droves and pushed the coupon up 119bp to 98.94! Bargain hunting and a strong...
View ArticleHousing Bright Spot: Construction Spending Rises
Construction Spending Rises U.S. construction spending rose 0.3 percent in April as private residential construction increased at the fastest pace in six months. Overall construction spending was up...
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