Mortgage Rate Video Highlights – April 9, 2010
- Gap down for treasuries on THIN trading
- Good but not great 30 year auction
- 84 billion of supply concerns are behind us, and it went well
- No real news, and traders are focused on the Masters
Very thin trading on VERY little news…this makes me nervous on a Friday because the amatuers are at play. The Pros are off gettig ready for the Masters.
Watch the 99.90 level closely…if we blow through it, we could hit 99.60.
Mortgage RateWatch Video presented by Dan Rawitch
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