Mortgage Bonds begin the last month of 2013 to the downside as - TopicsExpress

Mortgage Bonds begin the last month of 2013 to the downside as Traders position themselves ahead of this weeks economic data that ends with the closely watched November Jobs report on Friday morning. There will also be readings on housing, manufacturing, GDP, consumer spending and inflation. There are no Treasury Bond or Note auctions this week. I will begin the day Floating to see if a key technical support level can hold. But sentiment can quickly change as portfolio managers will start to square up positions and close the books for the year.

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