Market Update (11/30/2009)

Even though some “experts” have been saying for months now that rates are going to go up, they have actually gone down. Mortgage interest rates truly are at all-time lows. How long will this last? Even though I have been wrong over the last couple of months about the length of this rally in the bond market, I am not going to change by tune. These rates cannot last much longer. Can they?

We will once again be watching the Treasury auction this week to see how the market reacts. We also have the jobs report due out on Friday. This report can always stir a reaction from the markets.