BRENT ZELT's (cypress) Blog

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Mortgage and Lending - CYPRESS MORTGAGE
RECENT BLOG POSTS
Treasuries rose after a government report showed the U.S. lost jobs for a fifth consecutive month in May and the unemployment rate rose by the most in more than two decades. The gains pushed down yields on 10-year notes as traders scaled back bets central bankers will raise its target rate for ov...
06/06/2008
Treasuries fell as a government report showed initial jobless claims unexpectedly dropped last week, indicating the U.S. economy may be weathering the housing slump and record energy prices. The yield on the two-year note rose 2 basis points, or 0.02 percentage point, to 2.47 percent at 8:37 a.m....
06/05/2008
Treasuries rose before an industry report that that may show manufacturing contracted in the U.S. last month, reviving concern the slowdown in the world's largest economy is deepening. The gains put two-year yields on track for the biggest back-to-back daily drop in two weeks as declining stocks ...
06/02/2008
Treasuries rose for the first time in four days as a government report showed consumer spending in the U.S. slowed last month. U.S. debt was headed for a second monthly loss as record oil prices increased speculation the Federal Reserve will raise interest rates later this year to curb inflation....
05/30/2008
Treasuries fell, pushing the yield on the 10-year note to the highest level since December, after the government said the U.S. economy grew in the first quarter at a faster pace than it originally estimated. U.S. debt dropped before the Treasury's $19 billion auction of five-year notes, following...
05/29/2008
U.S. two-year Treasuries were little changed before the government sells $30 billion of the notes amid mounting evidence growth in the world's biggest economy is slowing. The yields on the securities have dropped from near a four- month high before a Commerce Department report forecast to show or...
05/28/2008
Treasuries declined as the U.S. government prepared to sell $49 billion of two- and five-year notes with investor expectations for inflation rising. Yields have risen more than 1 percentage point since mid- March as record oil prices spurred speculation inflation will accelerate and the Federal R...
05/27/2008
U.S. Treasury notes fell for a second straight day as oil prices at a record high prompted traders to increase bets the Federal Reserve will have to raise interest rates to curb inflation. Ten-year notes declined with their counterparts in Europe and Japan as crude climbed above $135 a barrel in ...
05/22/2008
Treasuries fell before the release of the Federal Reserve's April minutes, which may show it's done cutting interest rates on concern inflation will accelerate. The 10-year note's yield rose from the lowest level in more than a week. The difference between yields on 10-year Treasury Inflation Pro...
05/21/2008
Treasury two-year note yields stayed near the lowest in a week after the International Monetary Fund said the U.S. housing slump still poses ``serious risks'' to global financial stability. Yields have fallen from a four-month high reached on May 14 before government and industry reports this wee...
05/20/2008
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