Tuesday, November 22, 2011

GDP revised lower

The GDP was revised lower today and the bond market has held strong on that news, as it was not great information for bonds. The market is up 19 basis points today and is still trading between a strong layer of support and resistance. Tomorrow we will have a lot of economic data thrown at us as the market is closed Thursday and is on a shortened trading day Friday. Rates are amazing and taking advantage of these rates at any time would be a great idea. Call me if you would like to discuss your options.

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