Industry News
Mortgage Industry News
Euro Bailout Talks Continue
04/08/2011
Rates are up this morning with little economic data to be released. Budget and Euro bailout talks continue and equities and commodities are rallying. Right now, the futures market is pricing in about a 91% chance that the Fed keeps rates between 0% and 0.25% through August 9th, 2011. Currently, the Ten Year yield is at 3.59% (3.57% yesterday) and the 2-10 yield spread is at 277bps, steepening 4bps since yesterday morning.





