Archive for 'Unemployment' 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 [...]
Unemployment Report Posts Record Job Losses
7 March 2008Bonds improved today on the announcement today that February had severely high job losses. Rates will still be .25 to the points higher today, related to yesterday afternoon’s trading.
The February unemployment report from the Labor Department showed that the unemployment rate improved in February. The markets believe that this improvement is a result of a [...]