Quicken Loans Capital Markets Update – Initial and Continuing Jobless Claims Falling

Filed Under (Uncategorized) by admin on 11-11-2009

Quicken Loans Capital Markets Update for November 12, 2009

Treasury prices are a bit higher this morning ahead of this afternoon’s 30-year government bond auction. This is the government’sitting third of that kind auction this week and each of the previous sales has been met with strong demand.

Initial Jobless Claims and Continuing Claims came in better than expected at 502,000, with Continuing Claims falling to 5.6 million.

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