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Treasuries and Mortgage Bonds Lower While U.S. Lawmakers Work on Debt Limit – Market Update

by Kristen Curzytek on July 14, 2011 in Market Update

Treasuries and mortgage bonds are lower this morning after rallying yesterday on a strong 10 year treasury auction.

U.S. lawmakers are under pressure to come to an agreement on the 414.3 trillion debt limit after Moody’s placed the nation’s credit rating under review for a downgrade.

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Tags: Credit Rating Downgrade Debt Limit Mortgage Bonds Nation's Credit Rating Quicken Loans Treasuries Treasuries and Mortgage Bonds open Low Treasury Auction U.S. Lawmakers

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.

View all posts by Kristen Curzytek →

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