http://www.northerntrust.com/pws/jsp/display2.jsp?XML=pages/nt/0601/1138283678319_6.xml&TYPE=interior The daily commentary is a review of current activity in global financial markets, with an emphasis on the U.S. fixed income market. Breaking news and market reactions form the core of this commentary. en-us 204 46 http://www.northerntrust.com http://www.northerntrust.com/images/rs0601/NTLogo_front_page.gif http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1002/1265660211505_759.xml The Financial Times reports today, "<a href="http://www.ft.com/cms/s/0/0330ba78-149f-11df-9ea1-00144feab49a.html" target="_ ...2010-02-081daily2007-01-01+18:00-06:00 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1002/1265404355131_439.xml <strong>Civilian Unemployment Rate:</strong> 9.7% in January vs. 10.0% in December, cycle low is 4.4% in March 2007.&#160;< ...2010-02-051daily2007-01-01+18:00-06:00 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1002/1265320004302_643.xml Initial jobless claims rose 8,000 to 480,000 for the week ended January 30.&#160; The four-week moving average is up a ...2010-02-041daily2007-01-01+18:00-06:00 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1002/1265230036379_836.xml The ISM non-manufacturing survey results for January show improving conditions. The composite index moved up to 50.1 from ...2010-02-031daily2007-01-01+18:00-06:00 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1002/1265149536761_781.xml Auto sales declined to an annual rate of 10.78 million units in January after an 11.25 million sales pace in December.&#160 ...2010-02-021daily2007-01-01+18:00-06:00 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1002/1265060642135_218.xml The ISM manufacturing survey results for January indicate a growing factory sector.&#160; The composite index rose to 58.4 ...2010-02-011daily2007-01-01+18:00-06:00 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1001/1264796559366_820.xml Real GDP grew at an annual rate of 5.7% in the fourth quarter of 2009, after a 2.2% increase in the prior quarter.&#160; ...2010-01-291daily2007-01-01+18:00-06:00 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1001/1264710725667_255.xml Orders of durable goods rose 0.3% in December after a 0.4% drop in November.&#160; The message from the headline suggesting ...2010-01-281daily2007-01-01+18:00-06:00 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1001/1264627714446_145.xml The FOMC left the federal funds rate at 0%-0.25% as expected.&#160; The nature of incoming economic data justifies the ...2010-01-271daily2007-01-01+18:00-06:00 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1001/1264526620040_98.xml The seasonally adjusted Case-Shiller Home Price rose 0.2% in November, marking the sixth consecutive monthly increase.&#160 ...2010-01-261daily2007-01-01+18:00-06:00 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1001/1264440397991_271.xml Sales of existing homes fell 16.7% in December to an annual rate of 5.45 million after a 6.5% gain in November.&#160; The ...2010-01-251daily2007-01-01+18:00-06:00 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1001/1264195124214_504.xml The outcome of the Fed meeting of January 26-27 in terms of the federal funds rate is nearly certain.&#160; A federal funds ...2010-01-221daily2007-01-01+18:00-06:00 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1001/1264110051311_198.xml The Conference Board's Index of Leading Economic Indicators (LEI) rose 1.1% in December, marking the ninth consecutive ...2010-01-211daily2007-01-01+18:00-06:00 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1001/1264020555308_956.xml Housing starts fell 4.0% to an annual rate of 557,000 in December, after a revised 10.7% increase in the prior month.&#160; ...2010-01-201daily2007-01-01+18:00-06:00 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1001/1263938269636_306.xml The Obama administration has announced a new fee on banks to recover the financial sector's bailout costs. There is no ...2010-01-191daily2007-01-01+18:00-06:00