Monday, February 14, 2011

Market commentary

This will be a busy week on the economic data front, although there are no releases today. Important items on this week’s calendar include Retail Sales, the Consumer Price Index, the Producer Price Index, Leading Economic Indicators and the minutes from the last Fed meeting.

As a follow-on to Friday’s bond market rally, Monday morning is treating us to some additional price improvement. Mortgage pricing is better by .10% to .15%.

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