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Mohammad Hussain

Morning Commentary on Financial Markets

Thursday, February 9, 2012 - Article by: Mohammad Hussain - Lyons Mortgage Services Inc. - Message

Today, Weekly Job Claims results beat economists expectations, and Greece reached an internal austerity agreement in order to keep receiving its negotiated E.U. bailout funds.

As a result of this better than expected economic and political news, the 10 Year Treausury Yield rose to 2.04% today, so mortgage rates are also up slightly.

Steven Casil, Lyons Mortgage Services Inc.

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