Last week, rates ended better than where they began thanks to the continued woes in the stock market and light volume surrounding the Thanksgiving holiday.  This week is jam packed with economic releases to top off the month of November.  So where will rates end up this week? 

Although this week's economic calendar is quite active, it will likely be the stock market that drives rates this week.  If stocks continue to loose value, it is likely that investors will once again seek the safe harbor of the bond market, which could drive rates down further.

The bottom line: Expect rates to move sideways to lower as the stock market continues to flounder.  Although unlikely, if the stock market turns around rates might move higher in a hurry.