Concerns Increase Around Possible Bailout of Portugal – Market Update

Bonds are opening slightly higher this morning as investors look to the relative safety of U.S. debt, on increased concern that Portugal will be next to seek a bailout.  There are no economic releases scheduled for today, however, some of the key economic releases slated for the week include Wednesday's Beige Book, Thursday's Producer Price Index (PPI) and Friday's Consumer Price Index (CPI), Retail Sales and Industrial Production.

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