{"id":3431,"date":"2009-02-26T19:26:42","date_gmt":"2009-02-27T00:26:42","guid":{"rendered":"http:\/\/www.misuniversity.com\/blog\/judgement-liens\/buy-a-short-sale-house-10-year-treasury-up-seventeen-basis-points"},"modified":"2020-12-23T21:51:01","modified_gmt":"2020-12-23T21:51:01","slug":"buy-a-short-sale-house-10-year-treasury-up-seventeen-basis-points","status":"publish","type":"post","link":"https:\/\/misuniversity.com\/members\/buy-a-short-sale-house-10-year-treasury-up-seventeen-basis-points\/","title":{"rendered":"(Buy a short sale house) 10-year Treasury Up Seventeen Basis Points"},"content":{"rendered":"<p><b><a href=\"http:\/\/www.mortgagemag.com\/secondary\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">More info...<\/a><\/b><br \/>During the heavy economic news week of September 17, the 10-year Treasury yield jumped seventeen basis points, ending the week at 4.63%.<br \/>\nMondayNew York manufacturing missed estimates.  10TSY close:  4.47%<br \/>\nTuesdayThe FOMC lowered the Fed Funds Target Rate by 50 basis points.  Energy prices pulled producer prices down significantly; core prices rose.  10TSY close:  4.48%<br \/>\nWednesdayAs with producer prices, consumer prices slid overall, but core prices rose.  Housing Starts slipped.  10TSY close: 4.52%<br \/>\nThursdayJobless Claims dropped slightly.  Leading Indicators declined unexpectedly, but Philadelphia manufacturing soared.  10TSY close:  4.67%<br \/>\nFridayNo economic data was released.  10TSY close: 4.63%<\/p>\n<p><b><a href=\"http:\/\/www.mortgagemag.com\/secondary\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>Durables Decline, Yields Down<\/p>\n<p><\/a><\/b><br \/>Durable Goods Orders Fall<br \/>\nWednesday's report on Durable Goods Orders was expected to show a decline of about 3.5% in August, but the results were even lower - a 4.9% drop in durable goods orders overall.  Without transportation equipment, which tend to sway the results widely, orders fell 1.8%.  The report is a popular gauge of business sentiment, the thinking being that businesses will invest in durable goods only when their outlook is positive.  Wednesday's report reflected the largest decline in orders in seven months.<br \/>\nYields Slip<br \/>\nThe soft economic news, combined with strong interest in the 2-year Treasury auction, pushed MBS and Treasury prices up on Wednesday, lowering yields.  After opening higher, the 10-year Treasury yield was down to 4.62% by the end of the day - even with the previous day's close.<br \/>\nThe next releases will be Weekly Jobless Claims and the final revision to second-quarter GDP at 8:30 Eastern on Thursday.<\/p>\n<p><keyword>bankruptcy judgements<\/keyword><\/p>","protected":false},"excerpt":{"rendered":"<p>More info...During the heavy economic news week of September 17, the 10-year Treasury yield jumped seventeen basis points, ending the week at 4.63%. MondayNew York manufacturing missed estimates. 10TSY close: 4.47% TuesdayThe FOMC lowered the Fed Funds Target Rate by 50 basis points. Energy prices pulled producer prices down significantly; core prices rose. 10TSY close:<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[7,8,9,10,11],"tags":[],"class_list":["post-3431","post","type-post","status-publish","format-standard","hentry","category-d","category-defaulted-mortgages","category-judgement-liens","category-loan-modifications","category-s"],"_links":{"self":[{"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/posts\/3431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/comments?post=3431"}],"version-history":[{"count":0,"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/posts\/3431\/revisions"}],"wp:attachment":[{"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/media?parent=3431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/categories?post=3431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/misuniversity.com\/members\/wp-json\/wp\/v2\/tags?post=3431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}