Mortgage Interest Rate Market Guide

12 Jul, 2010

Watch Corporate Profits, If They Come in Strong Expect Mortgage Rates to Increase

The 3.50% coupon bearing 10 year TSY note is +0-04 at 103-27, 1.3bps lower in yield at 3.045%. Price action has been all over the place in VERY LIGHT VOLUME....but the range is containing chopatility.


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