Market Snapshot 12.13.22- What Is Happening?
Good Tuesday AM, What is happening? Consumer prices rose last month at the slowest 12-month pace since December 2021, closing out a year in which inflation hit the highest level…
Market Snapshot 12.12.22- Bond Prices Are Weakening
Good Monday AM, Bond prices are weakening, and the yield on the ten-year is breaking above a downward trend line that would be best unbroken. The Mortgage Bonds are sitting…
Market Snapshot 12.9.22- News Not Bond Friendly
Good Friday AM, The news today was NOT bond friendly; quite the opposite. Consumer Sentiment and Core PPI came in way too hot. PPI came in double the expected number,…
Market Snapshot 12.8.22- A Little Consolidation
Good morning on this fantastic Thursday, A little consolidation going on in bonds today. Not unexpected after the recent gains. We will have an opportunity for the next leg to…
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