Wednesday, September 8, 2010

The Fed's Beige Book reported that the economy is still growing, but that there are "widespread signs of deceleration." Demand was stronger than average for the 10-yr auction. The bid-to-cover was 3.21, and foreign investors purchases 54% of the total. The Dow is up 50 points. Tomorrow, Jobless Claims and the Trade Balance will be released at 8:30 et. The results of the 30-yr auction will be released at 1:00 et.

No comments:

Post a Comment