Good Morning and Happy Friday! 

Again with the past weekly trends Friday’s have not been favorable for the bond market.  The market has been very volatile this morning and right now we are down on the day.  If you need to lock you may want to consider securing your interest rate.  If you have time, you could hold for a market recovery next week. 

Bernanke did support Quantitative Easing again today.  The question is how much will go into the markets?  With the US dollar continuing to weaken with the intentions of increasing the US exports.  This will help boost the US economy but projecting future economic conditions will be very important.  The weak US dollar can bring more negative consequences to the recovery of the US economy. 

Please feel to contact us with questions and post comments below!