US new home sales 0.679M versus 0.723M estimate ...Middle East

Prior month 0.719M revised from 0.759M previously reportedNew home sales -5.6% New home sales supply 7.8 months from 6.9 monthsMedian price for $409,300 which is down -18%Yields move lower after the report with the 2 year at 4.924% -3.6 basis points. The 10-year is at 4.433% down -5.1 basis points. This article was written by Greg Michalowski at www.forexlive.com.

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