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3 Record-Breaking Numbers That Sum Up The Economy Right Now

U.S. market losses continued on Friday as the Dow Jones Industrial Average dropped 1 percent and the S&P 500 dropped 1.7%, capping off a volatile week which saw the Dow swing greater than 1,000 points twice in a span of just 3 times.

here This week, three amounts that defined market and the marketplace.

Mortgage Rates

Home-quarantines, disturbance to business activity, and travel limitations have the capacity to depress house sales.

Not in the marketplace? With rates so low, it might be a fantastic time to refinance your house .

Bond Yields

Closely tied into mortgage prices is the return on the 10-Year U.S.

Treasury bond, which plummeted to a record low of 0.667percent on Friday morning.

Yields hovered around 2.6percent annually ago.

Unemployment Rate

The speed has not been lower than that because May 1969.

We could anticipate a better idea of the effect of this outbreak on next month Employment and labour force participation.

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Sandra Loyd
Sandra Loyd
Sandra is the Reporter working for World Weekly News. She loves to learn about the latest news from all around the world and share it with our readers.

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