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Mortgage rates eased off some. The 30year fell to 4. 29 . The 15year dropped to 3. 39 . Rates rose dramatically above 4 a couple of weeks ago on fears the fed was closer to ending its bondbuying program thats been stimulating the econony. Here to give us a glimpse of todays trading action, glen schultz of performance trust. Good morning to you. Good morning. What are you seeing from the big bond funds . Are the big guys nervous here . Well what we have seen in terms of the big bond funds over the last two weeks as Interest Rates have trended up, is we have seen a lot of withdrawals coming out of those funds, and we have seen those portfolio managers, big bond fund managers, out reassuring their clients that the worst, in terms of the upward trend in rates, is behind them. So if we see rates stabilize here, then perhaps redemptions are going to slow or stabilize. If, on the other hand, we continue to see an upward trend in rates, t ....
Keep smiling, keep shining knowing you can always count on me. Well, weve got the dos and donts for giving the toast this wedding season. Dont argue with me. Fox friends begins right now. Its over. Daylight saving time ends right now. The new york marathon begins in a minute. Good luck to all of you running it this morning. Everybody is up. Would you have overslept or underslept if you didnt set your clock . Im confused. Under slept. You would be awake early. Right . Did you guys do be honest. Did you guys wake up on time and kind of look over and eyeball the clock and go, oh, ive got an extra hour and roll back over. No. I woke up standing in the middle of my room, freaked out, where am i . Testing my reflexes. Our producer, megan and i had 20 hours of me freaking out, wait, did it reset . Is it 2 00 or is it 3 00 but 2 00. This is why we shouldnt do it any longer. But were here. Good to be here today, you guys. Lets get to some of the other headlines. New details in the terrifying ra ....
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