Foreign Demand for U.S. Treasuries.
Foreign Demand for U.S. Treasuries was +$25.5 billion net in September 2013. It was -$9.8 billion net for August.
Foreign demand may have softened in August because holders feared lower prices if tapering were going into effect. This is a reminder, in my opinion, as to just how much of a jolt tapering or ending QE will be. It the Fed tapers or stops buying and foreign governments stop buying I could not even imagine how to finish this sentence.
Housing Market Index (November 2013)
-Index Value 54. Previous was 54 revised down from 55.
A reading above 50 indicates that more builders are confident than not confident. Thus, this index is slightly positive
This index is produced from a survey of homebuilders. They are being asked about the economy in general and housing market conditions (deals in escrow, expected sales in the next 6 months and traffic) in particular.
