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Economic Reports and Treasury Auctions – Market Update

Market Update1 Economic Reports and Treasury Auctions   Market UpdateA few of the more noteworthy economic reports this week include the housing reports, consumer confidence, manufacturing data and the $99 billion in Treasury auctions.

This is the last week of the $600 billion QE2 purchase program. It is expected that the Fed will still be the biggest buyer of Treasuries, as they plan to buy Treasuries with proceeds from maturing debt that is currently owns.

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About Kristen Curzytek

Kristen has just finished her undergrad at Eastern Michigan University. Since writing is her first love, she's thrilled to be writing for Zing! as part of her internship. In her free time, she loves to garden and bake cupcakes. Kristen also enjoys the summer car shows that are all over Michigan, including the amazing Woodward Dream Cruise.

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