Bernanke claims he could begin tapering bond purchases as early as July, causing the market to fall with a somewhat reckless abandon.
Tag Archives | Quicken Loans Market Update
Existing Home Sales Increase 1.2% – Market Update
by Anthony Fontana on May 20, 2013 in Market Update
It was a rough week for the bond market last week. Strong economic indicators drove investors toward the stock market and we saw our rates increase as a result.
U.S. Consumer Confidence Rises – Market Update
by Anthony Fontana on May 17, 2013 in Market Update
Treasuries rose yesterday amidst mixed economic news. Housing starts fell and initial claims for jobless insurance climbed, while sales at U.S. retailers unexpectedly increased.
Italy Issues New Bonds, Spain Stikes Debt Deal – Market Update
by Anthony Fontana on May 15, 2013 in Market Update
Yesterday was an ugly day for the bond market. The media focused on stocks, specifically equities, for the volatility in the bond market. However, that doesn’t explain the sell-off we saw yesterday.
Retail Sales Report Contributes to Sell-Off – Market Update
by Anthony Fontana on May 14, 2013 in Market Update
Yesterday the Retail Sales Report was a small contributor to a sell-off we saw in the early afternoon.
10-Year Treasuries Reach Seven-Week High – Market Update
by Anthony Fontana on May 13, 2013 in Market Update
10-year Treasuries reached their highest level in almost seven weeks after a sharp sell-off in the market late Friday.
Jobless Claims Data Stronger Than Expected – Market Update
by Anthony Fontana on May 10, 2013 in Market Update
30-Year Bonds Rise – Market Update
by Anthony Fontana on May 9, 2013 in Market Update
30-year bonds rose amid speculation rates near 3% and falling inflation expectations will attract investors for the 30-year auction this afternoon.
