Industry News
Mortgage Industry News
Today’s Global Marketplace
11/08/2011
Treasury prices are slightly lower this morning as headlines were fairly quiet overnight. However, tension remains high in Europe as Prime Minister Berlusconi’s will attempt to navigate his budget through a parliamentary vote today. Meanwhile, the economic calendar remains quiet with no significant economic releases scheduled. However, investors will be keeping tabs on two separate scheduled appearances by the Fed’s Kocherlakota and Plosser. Currently, the 10yr yield is at 2.045% (2.036% Monday) and the 2-10 yield spread is at 181bps, steeper by 1bp since yesterday morning.
