Jun 16, 2011 6:17PM The benchmark 10-year note finished the day +14/32 at 101-23 yielding 2.926% (-4.9bps) and the 2s/10s yield curve bull flattened another 5 basis points to 255 wide. Bonds managed to squeeze out these gains despite more scratching and clawing from stocks, which continue to hover around key technical support at 1270. The S&P went out +0.17% at 1267.63. Stocks are clinging for life here, entrenched weakness is obvious and bonds aren't being fooled. That is why bonds were better even though stocks... Jun 16, 2011 10:48AM Could the end be near? There finally appears to be a developing trend of good news on the foreclosure front as filings of all types declined by two percent in May. This is now the eighth straight month that RealtyTrac's U.S. Foreclosure Market Report has shown a month-over-month drop and May filings were 33 percent lower vs. May 2010. Of course, the foreclosures that have caused such disruption to the market and heartbreak for millions of Americans are still occurring at levels that were never imagined...
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