Market Snapshot August 3, 2021
Good Tuesday AM, Bonds are hitting a pause after several days of gains. The 10-yr pushed back up a few basis points from yesterday’s low of 1.15 to sit at…
Market Snapshot July 30, 2021
Good Friday AM, The 10-yr at 1.23% and mortgage bonds up a dozen (both pointing to improving rates) as the Personal Consumption numbers were released this morning and prices came…
Market Snapshot July 27, 2021
Good Tuesday AM, Bonds are strong this morning with the 10-yr treasury back to 1.24% on mixed news, which leads one to believe that we have to look elsewhere for…
Market Snapshot June 30, 2021
Good Wednesday Afternoon, Bonds were strong this morning based on, ummmm NOTHING, but faded hard into the close. The ADP job report came in much stronger than expected and this…
Market Snapshot June 28, 2021
Good Monday AM, Bonds are strong this morning and for no good reason. We did test the bottom of the range this morning and it held up as it has…
Market Snapshot June 24, 2021
Good Thursday AM, Bonds are flat again this morning, just as we expected. We are likely in this pattern until tomorrow's inflation numbers hit. Let's hope that they come in…
Market Snapshot June 23, 2021
Good Morning on this best day of the week Wednesday, Bonds are flat. Too early to say that today’s sideways movement is the Summer doldrums, more likely that markets have…
Market Snapshot 01/16/2025 – A Little Data
Good Thursday AM from your Hometown Lender, A little data out today... Retail sales being the most important and while it was less than expected (ex autos) it was double…
Market Snapshot 01/15/2025 – Biggest Data Day
Good Morning on this best day of the week Wednesday from your Hometown Lender, Today is the biggest data day of the week. CPI headline was a little hot but…
Market Snapshot 01/14/2025 – No Love
Good Tuesday AM from your Hometown Lender, No love in the bond market today. We had the first inflation reading of the week. The PPI which measures inflation at the…
Market Snapshot 01/13/2025 – Hits Keep Coming
Good Monday AM, The hits keep coming as mortgage-backed securities are off another 20bps. Uncertainty around the new administration’s policies is causing agita in the bond and equity markets. The…
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