Mortgage Bonds are trading higher while Stocks near unchanged after the closely watched S&P 500 closed higher for 7 straight trading session. In economic news, Weekly Initial Jobless Claims fell to levels not seen since April of 2006, but a Labor Department official said the drop was due to two states not reporting all of their claims because of new computer systems being installed recently. I will recommend to begin the day Floating, but in this volatile market, sentiment can change on a dime. I will alert you if necessary."
Posted on: Thu, 12 Sep 2013 14:33:32 +0000
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