Yesterday. Treasury and mortgage bond prices steadily fell througout the day. With the recent rally in treasury prices, investors finally decided to put their money elsewhere as global economic news still points towards a recovery. Treasury and mortgage prices are higher this morning after yesterday's selloff.
A report on the Federal Reserve's plans to announce projections for borrowing cost will be released at 12:30 p.m. today. This is the first time the Federal Reserve will release these projections in an effort to become more transparent.