The KUIK Closing Market Report for Monday, October 31:
Markets ended flat.
Index
Direction
Change
Units
Index
Time
Change
Dow
Down
(19)
points
18,142
1:52 PM
S&P500
Down
0.0%
percent
2,126
(0.26)
Nasdaq Composite
Down
0.0%
percent
5,189
(0.97)
30 Year Treasury
Down
(3)
Basis Points
2.59
Annual Yield
The Treasury Department reports the federal government expects to borrow $188 billion in the October-December quarter, that’s $6 billion higher than what was projected in August. It assumes of an end-of-December cash balance of $390 billion. During the January-March quarter, Treasury expects to borrow $56 billion in net marketable debt assuming a cash balance of $100 billion.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
