Some economists have said that the “new normal” won’t be like anything that we were used to before the financial crisis. However, that may not be the case for all economic indicators. Things got a little more “normal” last week when the Dow Jones Industrial Average hit the 10,000 mark and when Treasury yields began to once again influence the direction of conforming rates.

According to the latest issue of HSH Market Trends Newsletter, “Dow Ten-thou, and Rates Nudge Higher“: Read the rest of this entry »