Monday opens with the 10 yr treasury not breaking out of its month-long trading range, the breakout is sending rates lower and should continue to push the 10 yr to…
Nick AlvinoJuly 9, 2012
The Week the Supreme Court rule on Obamacare, likely on Monday. Europe of course is the dominant factor these days for the outlook on the economy and US interest rates.…
Nick AlvinoJune 25, 2012
Bloomberg Reports: Americans are digging themselves out of mortgage debt. Home equity in the first quarter rose to $6.7 trillion, the highest level since 2008, as homeowners taking advantage of record-low…
Nick AlvinoJune 19, 2012
This past Sunday the party in Greece that wants to stay in the Union won the election, but not by much and now Greece has to form a new Parliament…
Nick AlvinoJune 18, 2012
This week starts with Spain receiving $125B to rescue its banking system as their large banks were on the cliff of collapse. That should help the stock market after its…
Nick AlvinoJune 11, 2012
This week after a huge drop in interest rates last week, this week should see some consolidation. The stock market and the bond markets are both technically over-extended. That said,…
Nick AlvinoJune 4, 2012
This week Treasury will auction $99B of notes beginning Tuesday through Thursday. The 10 yr note yield fell to 1.70% last week, a key resistance level and matching the lowest…
Nick AlvinoMay 21, 2012
Prices for single-family homes climbed in half of U.S. cities in the first quarter as real estate markets stabilized. The median sales price increased from a year earlier in 74 of 146…
Nick AlvinoMay 15, 2012
This week there isn’t much in the way of key economic reports. Over the week-end French and Greek voters sent a strong message from their citizens and to Germany that…
Nick AlvinoMay 7, 2012