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Quicken Loans Capital Markets Update – High Durable Goods Orders Show Factories Included in Economic Recovery






Quicken Loans Capital Markets Update for October 28, 2009

U.S. Treasuries are slightly higher this morning after trading higher yesterday. The market will be watching the $41 billion 5-year U.S. Treasury auction later today after yesterday’s 2-year auction went extremely well. Treasury auctions for 2-year and 5-year notes are held on a monthly basis.

Today’s September durable goods orders came in on-top of analysts’ expectations and higher than the prior month. This is a sign that factories are helping ring in an economic recovery. Lastly, the September New Home Sales report is expected to show a 2.6% increase after seeing a 0.7% increase in August.


Related Information:

Related posts:

  1. Quicken Loans Capital Markets Update – Predicted Increase in Home Sales Suggests Economic Recovery
  2. Quicken Loans Capital Markets Update – Pending Home Sales Show Slight Gain
  3. Quicken Loans Capital Markets Update – Home Sales Expected to Have Rose By 5%

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