Daily Market Update 11/22/11

Rates held steady Tuesday in quiet trading.  Third quarter Gross Domestic Product (GDP) was revised lower to 2.0% from 2.5%.  The decline was mostly due to shrinking inventories and is expected to have little impact on future growth.  Results from today’s 5-year Treasury auction will be released at 1:00 PM.

Leave a Reply

Your email address will not be published.

Back to top