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…
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…
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…
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…
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…
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…
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…
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…
Good Friday AM, No news today other than the BOJ keeping their rate stance the same. Bonds are finding a little bit of a bid which is overdue. Let’s see…
Good Thursday AM, Unemployment claims were lower than expected and manufacturing data fell like a rock, but the reason bonds (and stocks) are struggling isn’t from today’s data. The Fed…
Good Wednesday AM, and best day of the week, No news other than it’s Fed day! The Fed will probably pause rate increases for a second time this year and…
Good Morning on this Wednesday and best day of the week, CPI day. Markets hoping for a glimpse into what the Fed may think and do come next week. Report…