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Treasuries Are Up, Economic Growth Slowing – Market Update

by Eric Mally on October 13, 2011 in Market Update

Treasuries are marginally up this morning as a result of signs that economic growth is slowing. This is partly due to a Chinese report showing export growth is at its lowest point in seven months.

Additionally, the minutes release from the Fed meeting yesterday point out that some officials want to keep the bond buying option on the table with the hopes that bond prices would strengthen.

Eric Mally is a contributor for the Quicken Loans Zing Blog. Stay connected with us on our Facebook page and our Twitter page to find out all the ways we’re Engineered to Amaze.

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Tags: Bond Bond Prices Bonds China Economic Growth Economy export export growth Fed Treasuries Treasury

About Eric Mally

How does Eric describe himself? In three words, they would be "humorous," "sports nut," "merciless," and "jackhammer." He has a proclivity to quote Larry David, watch countless hours of Detroit sports and wait in line for new Air Jordan shoes the day they come out. When not blogging about finance, Eric can be found with his dog "The Dude" (his Dudeness or el Duderino if you're not into the whole brevity thing) or thinking about what could have been if his rap career took off in 7th grade.

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