Author: Bonddad

Today’s Economic News

DIA +.04%, SPY +.26%, QQQQ +.53% 10-Year Treasury +6/32 yielding 4.09% Oil +1.7%, closing at $56.58 Dollar +.2% versus Euro, down .25% versus Yen The markets rose again today.  A .2% increase in housing starts and 330,000...

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Today’s Economic News

DIA +.16%, SPY +.19%, QQQQ +.32% 10-Year Treasury -2/32, yielding 4.12% Oil +47 cents to $55.57/bbl Dollar -.8% versus Euro and -.2% versus Yen Oil’s price spike above $56/bbl largely caused this morning’s sell-off....

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Foreign Purchases of US Debt 30% Below Estimate

In April 2005, foreigners purchased a net total of 47.4 billion dollars of long-term US Securities.  This data is best viewed in comparison to the US trade deficit, which was 58 billion dollars last month, and 57 billion in...

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Today’s Economic News

DIA +.22%, SPY +.23%, QQQQ -.40% 10-Year Treasury -1/4 yielding 4.12% Oil – 35 cents closing at $55.42/bbl Dollar +.65% versus Euro; unchanged versus Yen The markets were mixed today, largely driven by event-specific news....

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