RATES FALL!!! Get to buying while the getting is good.

Plunging Stock markets coupled with renewed worries in Spain are shifting investing dollars back into the safe haven of the Bond markets this morning.

This afternoon at 1:00pm ET, the Treasury will release the results from today's note auction and the data could impact trading.

In housing news, Zillow reported that home prices rose by the largest percentage in the third quarter since 2006 signaling that the housing markets are turning the corner and may have already bottomed out.

I will continue to recommend a Floating bias, but as always sentiment can quickly reverse. If anything changes, I will get back to you.

Leonard Winslow
Direct: 434-760-2580
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leonard.winslow@newamerican.com
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