Before deciding whether Washington, DC is a good place to live for you, we shed a little light on what itâs actually like to live and work in the home of US politics. Hereâs 10 pros and cons of living in the District.
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Ready to buy your Austin dream home? Here’s why a local bank is … CultureMap Austin
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Live it up in Las Vegas.
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Stocks and Bond Yields Moving Higher Together; Fed on Deck Today’s trading session turned out to be every bit as simple as it seemed like it would be this morning. Why so simple? There were clear indications that improved sentiment in the banking sector was fueling a ‘risk-on’ trading pattern in Europe (i.e. stock prices and bond yields moving higher together). This extended to US markets, but especially to Treasuries. MBS actually outperformed, which isn’t too shocking considering Treasuries were the star performers when the market was trading in a risk-off direction. Econ Data / Events Existing Home Sales 4.58m vs 4.20m f’cast, 4.0m prev Market Movement Recap 08:58 AM Weaker overnight. Europe trades risk-on. 10yr up 10+ bps at 3.587. MBS down 3/8ths. 10:41 AM Moderate improvement since 9am, but still weaker on the day. MBS down less than a quarter point. 10yr up 8bps at 3.562. 01:40 PM Respectable 20yr bond auction without any major reaction in the bond market. 10yr up 10bps at 3.583 and MBS down just over a quarter point. 03:45 PM Stocks at highs. 10yr yields up 12.3bps at 3.606, near highs. MBS outperforming despite a brief scare due to illiquidity. Still down just over a quarter point.
A good monthly retirement income is typically 80% of pre-retirement income. Median income for households headed by someone over 65 was $3,968 per month.
