Irish eyes are not smiling today. The Euro started the US holiday-shortened trading week with its biggest two-day drop against the greenback since the peak of the Greek sovereign debt crisis in early May.
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May 30, 2010
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Rates commentary Sept 3 2010 big drop in mortgage bonds
The week ending of September 3 ended with 3 straight days of big drops in the bond markets. Really on litle positive news. Unemployment remains high, but home prices increased, and manufacturing showed some life.
Tags: 2010, Bonds, Commentary, Drop, mortgage, Rates, Sept
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