Friday, December 31, 2010

Market commentary

No economic data this morning and the 10-year Treasury note trading at 3.325% after hitting 3.47% late Wednesday. It appears that traders are getting long Treasuries before the holiday weekend as a customary hedge.

The bond market will close early today and the HSOA lock desk will close at 12 noon, Pacific Time. Remember, the HSOA pricing specials expire today, so do not miss out!!

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