Quicken Loans Capital Markets Update – Record Week For Government Bonds

Quicken Loans Capital Markets Update for November 9, 2009

Treasuries are fairly flat this morning as public securities rise. This week will bring a enrolment supply of government bonds. Beginning today, the US Treasury will auction $81 billion of debt this week as part of it’s quarterly refunding. Today’s $40 billion 3-year auction will likely be overshadowed by Tuesday’s 10-year and Thursday’s 30-year auctions.

Stay tuned to Mortgage News for updates and more this week.

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