Posted To: MBS CommentaryToday’s 10yr Treasury auction brought strong demand . Across the board, the auction stats were much stronger than expected. The only real problem was that the awarded yield was the highest of any 10yr auction since July, and that goes a long way toward justifying to strong demand.

Before the auction, however, bonds were already having an OK day. At the very least , they weren’t adding on to the disconcerting weakness seen in the previous two days. In fact, there were signs at the open of buyers buying of their own volition (i.e. there was no economic report or mirrored move in stocks driving the trade). Then around 11:44am, White House comments on the US/China trade deal sent stocks lower with bond yields following. The risk to reading too much into the auction is that it happened to…

(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


McDevitt Real Estate Closing Attorney Services - Real Estate Law Massachusetts

Have a question about Real Estate Law or need a closing attorney?  Fill out the form below or call us at 617-282-7550.

We are conveniently located in Hingham and Milton, Massachusetts.

  Contact a McDevitt Law Group Real Estate Attorney today!



McDevitt Law Group voted #1 Choice for Attorney - Lawyer Milton, Massachusetts by Wicked Local Readers Choice






Article From: "Matthew Graham"   Read full article

lawyers for real estate, Boston Massachusetts, arrow icon

McDevitt Law Group

Massachusetts Real Estate Attorneys
•   •   •

McDevitt Law Group strives to provide the highest quality real estate law and estate planning services, and we have for almost 40 years. As a small law firm, we pride ourselves on providing personal attention to your case and providing the highest quality representation. Call us today, or use the contact form below.

Barnstable County | Bristol County | Duke County | Essex County | Middlesex County | Nantucket County | Norfolk County | Plymouth County | Suffolk County

Just click on the Phone Number to dial on your phone:



lawyers for real estate, Boston

Pin It on Pinterest