InTheMoneyStocks Pro Traders Market Analysis

[ITMS]

Yields On The Move


Once again, bond yields on the 10 and 30 year U.S. Treasury Note are rising. Last week, the yields jumped sharply higher by more than 25 basis points on both the 10, and 30 year note. Higher rates will affect the important mortgage market and this could be problematic to the recent inflation rally. As we all know, the Federal Reserve has been using its Operation Twist program to keep yields artificially low. The purpose of this is program is to keep the housing and refinance market stable. If mortgage rate start to increase further it could stall out the mini housing boom that has been occurring over the past few months. Traders can follow and trade the bond yields by using the iShares Barclays 20+ Yr Treasury Bond ETF (NYSEARCA:TLT), and the iShares Barclays 7-10 Year Treasury Bond Fund (NYSEARCA:IEF). ...Continue reading here: http://bit.ly/FPIqT4