MBS- FNMA 4.5 price: 100-03

10-yr Treasury Yield: 3.83%

Happy new year, everyone!  Thanks to Weekend Wanderings reader, Tom, for sending the link to this article from the New York Times about the ways Americans are adapting to the economic realities they face.  Seems like a good one to highlight for the first of hopefully many articles I’ll point out to you this year:

But Americans are not just getting by with less. They are also doing more.

Some are working longer hours, but a larger proportion, the poll shows, are spending additional time with family and friends, gardening, cooking, reading, watching television and engaging in other hobbies.

The Department of Labor’s time-use surveys show a similar trend: compared with 2005, Americans spent less time in 2008 buying goods and services and more time cooking or taking part in “organizational, civic and religious activities.”   Link to aricle…