The bond markets are opening somewhat higher this morning ahead of tomorrow’s release of the minutes of the Federal Reserve’s latest policy meeting. The market is looking for more detail on the timing of a withdrawal of stimulus.
What’s Up on Wall Street?
The Dow Jones Industrial Average increased 48.27 points (0.35) while the Nasdaq went up 11.79 points (0.37). Also, the S&P 500 rose 6.36 points (0.42).
Here are some of today’s rates:
- 30-Year Fixed: 3.625% (3.829% APR)
- 15-Year Fixed: 2.875% (3.197% APR)
- 7-Year ARM: 2.625% (3.023% APR)
Here are a few links to some of today’s financial articles. Be sure to leave a comment below if you know of any additional financial articles that are trending today.