The approach of the dreaded fiscal cliff is fueling demand of government debt. With money being pushed to the safety of Treasuries, we have seen a slight rally in mortgage backed securities (MBS) prices.
What’s Up on Wall Street?
The Dow Jones Industrial Average decreased 23.19 points (-0.18%) while the Nasdaq dropped 7.22 points (-0.25%). Also, the S&P 500 fell 3.12 points (-0.23%).
Here are some of today’s rates:
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.