Industry News
Mortgage Industry News
PPI Prints Higher Than Expected
06/14/2011
PPI printed slightly higher than expectations; retail sales were in line. Earlier this morning, stock futures advanced on news that production in China climbed more than predicted. The Greek 10yr bond is trading at 17.1%, the highest ever for a euro-zone country since the EU formed in 1999, on growing concern that Greece will default. Currently, the Ten Year yield is at 3.08.





