Blog

Daily Market Update 1/14/10

Rates were mostly unchanged Thursday as mortgage-backed securities markets showed little reaction to weaker than expected economic data. December Retail Sales fell 0.3%, below the consensus forecast of +0.5%. Weekly Jobless Claims rose slightly. The European Central Bank (ECB) made no change in rates, as expected. There will be a 30-year Treasury auction at 1:00 PM.

Leave a Reply

Your email address will not be published.

Back to top