The bond markets is seeing a little support despite the lack of data

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Narration:

No news from Congress on the shutdown.

The lack of key economic data continues today. The October employment report is absent for the second month in a row. The lack of key economic data is generating increasing angst for markets and the Fed.

The only data this morning, the mid-month November University of Michigan consumer sentiment index. It was expected to be 53.2 but was reported at 50.3. Last month was 53.6.

Source: TBWS


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Jeff Beck - NMLS ID: 19488. To verify licensing, visit NMLS Consumer Access (www.nmlsconsumeraccess.org)

Jeff Beck

Loan Expert

NMLS: 19488

American Home Lending USA

240 S Buchanan St, Edwardsville IL 62025

Company NMLS: 2239

Office: 618-310-0091

Cell: 618-806-2281

Email: jbeck@ahlusa1.com

Web: https://www.americanhomelendingusa.com/