- Last Updated Tue, Sep 25, 2007 at 11:59 PM EST - by Rob Hain

Confidence Lowest in Two Years
The Conference Board`s measure of Consumer Confidence reported its lowest reading since November 2005 on Tuesday. Traders watch confidence numbers because it is thought that consumer spending has a significant impact on economic activity as a whole.

Existing Home Sales Slip
The annualized rate of Existing Home Sales was reported to be down on Tuesday. The National Association of Realtors report showed August sales to be very near analyst expectations, falling 4.3%.

Bonds Begin Higher, then Return
MBS and Treasury prices opened higher on Tuesday, with yields lower. Prices softened throughout the day, though, returning very near where they left off the day before. By the end of trading, the 10-year Treasury yield was back up to 4.61%.

The next data release will be Durable Goods Orders at 8:30 Eastern on Wednesday.

News:	Treasuries Post Slim Gains - Forbes (AP)
News:	Consumer Confidence Slumps, Home Sales Decline - Bloomberg

- Last Updated Mon, Sep 24, 2007 at 6:21 PM EST - by Rob Hain

There was no data due on Monday. MBS and Treasury prices moved little, particularly in comparison to their wild ride the week before. By the end of trading, the 10-year Treasury yield was down to 4.63%.

The next data releases will be Consumer Confidence and Existing Home Sales at 10:00 Eastern on Tuesday.

- Last Updated Fri, Sep 21, 2007 at 11:59 PM EST - by Rob Hain

Tuesday
Consumer Confidence and Existing Home Slaes are due at 10:00 Eastern.

Wednesday
Durable Goods Orders are due out at 8:30 Eastern.

Thursday
Weekly Jobless Claims are due out at their usual 8:30 Eastern time, along with final revisions to second quarter GDP. New Home Sales follow at 10:00.

Friday
Personal Income and Spending is due out at 8:30 Eastern. At the same time, monthly Core PCE figures should be released, followed by the Chicago PMI at 9:45. Construction Spending and Consumer Sentiment finish the data week at 10:00.

- Last Updated Fri, Sep 21, 2007 at 11:59 PM EST - by Rob Hain

During the heavy economic news week of September 17, the 10-year Treasury yield jumped seventeen basis points, ending the week at 4.63%.

Monday
New York manufacturing missed estimates. 10TSY close: 4.47%

Tuesday
The 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%

Wednesday
As with producer prices, consumer prices slid overall, but core prices rose. Housing Starts slipped. 10TSY close: 4.52%

Thursday
Jobless Claims dropped slightly. Leading Indicators declined unexpectedly, but Philadelphia manufacturing soared. 10TSY close: 4.67%

Friday
No economic data was released. 10TSY close: 4.63%