Daily Market Update 5/25/10

Rates held steady Tuesday as increased tension between North and South Korea hurt stocks and helped bonds and mortgage-backed securities. Consumer Confidence rose last month to 63.3, the highest reading since March 2008, beating the consensus forecast. There will be a 2-year Treasury auction at 1:00 PM. No other key economic data will be released today.

Leave a Reply

Your email address will not be published.

Back to top