Daily Market Update 12/29/09

Rates held steady Tuesday ahead of this afternoon’s 5-year Treasury auction. Consumer Confidence rose to 52.9 in December, from 50.6 last month, in line with expectations. The S&P/Case-Shiller Home Price Index, covering 20 major metropolitan areas, was unchanged in October following 4 consecutive monthly increases. Stocks moved modestly higher. No other economic data will be released today.

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