Little--if anything--happened to create any meaningful movement in the underlying bond market. Treasury yields have also flat-lined since last Thursday afternoon. Financial markets will now be waiting until the first week of January for the next piece of economic data that could truly be considered "top tier" (a description that arguably only applies to the jobs report and the Consumer Price Index these days). [30 year fixed 6.65%]Tuesday:
emphasis added
• At 8:30 AM ET, Housing Starts for November. The consensus is for 1.360 million SAAR, down from 1.372 million SAAR
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