Daily Market Update 12/11/12

Mortgage rates were little changed Tuesday.  Stock prices rallied as Greece reached a debt buyback goal which was required to receive its next aid payment.  In the U.S., the Trade Deficit came in slightly lower than expected.  The Fed begins a two day meeting of the Federal Open Market Committee to discuss monetary policy.  Results from today’s 3-year Treasury auction will be released at 1:00 PM.

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