Monday, November 11, 2013

Economic Journal - Monday, 11/11/13

(as of 7:05 PST)

It is likely to be a quiet day for financial news.  It is Veteran’s Day and fixed income markets are closed.  There are no economic reports due out today.  Gold and oil are near unchanged.  Interest rates have spurted up over the last couple of trading days.  The talk of a Federal Reserve Bank reduction of its aggressive bond buying program is creeping back into financial news and is one reason for the surge in interest rates.  Stocks are up a small amount, but don’t expect much movement on a day that many traders are staying at home.

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