Archive for 'ISM' Category
Rates Drop Today, Week Focused on March Jobs Report
31 March 2008Rates dropped today at the start of a week with out a lot of economic data on deck. Rates will improve by at least .375 to price.
The March Employment Report is arguably the most important economic report of the month and is due out on Friday. The only other significant report this week will come [...]
Inflation Concerns Keep Rates Up
5 March 2008Rates were sharply up today as bonds dropped over 100 basis points by the afternoon. Rates will have increased by at least 50 basis points today.
The focus in the markets today was inflation concerns in the Fed Beige Book and the ISM Services Index. The latter came in higher than expected, suggesting [...]