Treasury 10-year notes rose for a third day as efforts to trim the European Union budget added to concern that the region’s economy will struggle to expand, boosting demand for safer assets. Treasuries gained as investors sought U.S. debt after economists signaled concern the euro’s strength may hamper economic growth in the currency bloc’s recovery.
What’s Up on Wall Street?
The Dow Jones Industrial Average increased 61.53 points (0.44%) while the Nasdaq jumped 27.25 points (0.86%). Also, the S&P 500 rose 7.94 points (0.53%).
Here are some of today’s rates:
- 30-Year Fixed: 3.625% (3.818% APR)
- 15-Year Fixed: 2.875% (3.216% APR)
- 7-Year ARM: 2.625% (3.043% APR)
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.
New York Times