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Unemployment numbers out
January 9th, 2009 10:10 AM
The market is all over the board this morning.  The unemployment numbers came out as expected.  Many people thought the unemployment number would be much worse than expected- but it was not. This caused the bond market to loose a little of the gains it saw yesterday.  The small surprise was the unemployment rate- which inched up to 7.2%.  Currently the bond market is flat- and waiting to see if it can gain some momentum.  If so... we will see rates get better- but greenly- all investors are just watching and not moving...

Posted by Lisa Wells on January 9th, 2009 10:10 AMPost a Comment (0)

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