• Tweet

• Tweet

Quicken Loans Capital Markets Update for August 5, 2009

Treasuries are down for a third day after the ADP employment report, which showed that the U.S. lost fewer jobs in July than previous months. This adds to the many signs that the recession may be easing. The U.S. Treasury also plans to sell a record high of $75 billion in its quarterly auctions of debt next week. Lastly, the Treasury indicated plans to expand inflation-indexed securities next year as it finances unprecedented budget deficits.

Stay tuned for tomorrow’s news on Chain Store Sales!

• Get today’s mortgage rates.
• A credit report is always free at Quizzle.
• Buying a home? Find out what you need to know to get started from our Home Buying Center.

 Printer Friendly Version