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Jobless Claims Higher Than Expected – Market Update

by Victoria Araj on June 23, 2011 in Market Update

Bonds are opening higher this morning following comments from European Central Bank President Trichet, that the risk signals for financial stability in the Euro area are flashing “red.” Bonds extended gains after this morning’s jobless claims report showed a higher than expected increase in claims last week.

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Tags: EU European Central Bank Fed Jobless Claims Mortgage Bonds Quicken Loans Treasury

About Victoria Araj

From mortgage banking to PR and more, Victoria’s 7+ years at Quicken Loans comes in handy when writing cool stories. Before QL, she worked with and for notable national and state politicians. With degrees from MSU and U of M, her allegiance to the Mitten State is indisputable. She loves decorating, photography, the Red Wings, cruising in her G6 (the car), and most importantly, hanging out with family and friends.

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