Daily Market Update 3/19/10

Rates inched higher Friday in light trading. Investors may be squaring their positions ahead of the scheduled end of the Fed’s mortgage-backed securities purchase program March 31. No economic data will be released today. Next week will be extremely light in terms of new data. Existing Home Sales will come out on Tuesday, New Home Sales and Durable Goods Orders on Wednesday. Financial markets may be influenced more by political issues, such as health care and financial regulatory reform, in the coming days.

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