Mortgage refinancings jumped in the past week, which advanced 17% to a high since May of last year. Meanwhile, longer-dated Treasurys rose in trading as concern about the global economic outlook spurred demand for what are considered safe assets.
WSJ.com: What's News US, Wall Street Journal
Wed, 08/18/2010 - 4:59pm
Mortgage refinancings jumped in the past week, which advanced 17% to a high since May of last year. Meanwhile, longer-dated Treasurys rose in trading as concern about the global economic outlook spurred demand for what are considered safe assets.