Bonds: Treasury prices rallied, lowering the yield on the 10-year note to 3.62% from 3.70% Monday. Treasury prices and yields move in opposite directions.
Economy: Pending home sales rose 5.3% in March after climbing 8.3% in February. A consensus of economists surveyed by Briefing.com expected sales to increase 5%.
Factory orders were 1.3% higher in April after rising 1.3% in March, the Commerce Department said. Economists thought orders would fall 0.2%.
(good, right ? why market going down? since it’s willing to go down. the market is overpriced, but economic is going up.)
when bosha is started, at that time, market is overpriced.
No comments:
Post a Comment