Capital Markets Update – Bonds Fall on Speculation of Inflation
Filed Under (Mortgages) by admin on 26-12-2009
Quicken Loans Capital Markets Update for December 28, 2009
Treasuries and mortgage bonds are falling this morning on speculation that the U.S. recovery will fuel inflation, reducing demand for debt at this week’s government auctions.
The pre-auction sell-off is exaggerated by thin liquidity due to the holiday.
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