Friday Market Notes
The Trade Balance indicator came in at -65.7B, which was lower than expected, but is not impacting the market. There is alot of caution in the market today. Bonds started strong but are drifting back down, and are currently at +2/32's. The same goes for our market. Expect the traditional "shaky" Friday afternoon as the day continues. Most people are focused on next Wednesday, when Bernanke meets with Congress. If there are any updates, we will let you know. Thanks, and have a great weekend!


MCB Mortgage, Inc. specializes in Secondary Marketing & Managed Broker Programs for Banks and Credit Unions.
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