Friday, November 25, 2011

US Consumer Strength Contrasts With Euro Weakness Bonds rallied on Wednesday as trading continued to be driven by European news. While the failed German Bund auction drew the most talk, the deeper, substantive issues in the Euro region were the underlying market drivers. US economic data reports were positive as jobless claims remained below 400,000 and consumer confidence as reported by the UofM ticked higher. (READ MORE)

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