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Daily Market Update

Rates are steady Monday, with no economic reports due out today.  The Treasury auctions later this week could add some pressure to the market.  Fed Chairman Ben Bernanke is schedule on Wednesday to testify before the House Financial Services Committee to talk about the Fed’s plan to withdraw emergency stimulus from the economy.  This includes the $1.25T Mortgage backed Security purchase program. 

This entry was posted on Monday, February 8th, 2010 at 10:33 am and is filed under Market Update. You can follow any responses to this entry through the RSS 2.0 feed.

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