Strong housing data, improved retail sales and public remarks from Federal Reserve officials are pushing interest rate outlooks higher, even as concerns in Syria and North Korea persist.
This week, bond yields edged higher as investors reacted to indications that both the U.S. economy and central bankers are becoming more active. The yield on 10 Year Treasurys pushed closer to a new high for the year on Thursday, surpassing 2.9 percent for the first time in weeks.
Continue reading Housing starts and Fed speak overshadow overseas fears at Movement Mortgage Blog.
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via Naza Finance Blog
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