Credit markets yields, after opening steady to higher, fell after a weaker than expected Durable Goods reported at - 1.7%, compared to expectations of 0.8%. New Home Sales reported at 590,000, slightly better than expectations of 580,000. Credit markets improved initially but have not shown further improvement as stocks deteriorated through the morning. Rates are better due to a poor economic outlook for the day which may only prove temporary. Lock Triggers: 10-yr. Note Conservative 3.53%, Aggressive 3.53%.
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