Market Snapshot 12.7.22- Bonds Are On Fire Again
Good Wednesday AM, best day of the week, Dan Rawitch this morning: 😊 Keep the fire department on speed dial because bonds are on fire again! The ten-year pierced below…
Market Snapshot 12.6.22- Bonds Are Flat
Good Tuesday Am, Bonds are flat and appear to be stabilizing in the expected range, which is 3.50-3.65 for the ten-year. The Mortgage bonds have failed to break above resistance…
Market Snapshot 12.5.22- Heads Start To Turn
Good Monday AM, Both factory orders and non-manufacturing data came in higher than expected. When much data comes out stronger (or weaker) than expected, heads start to turn. While heads…
Market Snapshot 12.2.22- Bonds Were Rallying
Good Friday AM, UGH! Just what we didn’t want as bonds were rallying. Non Farm payrolls 263K vs 200KUnemployment Rate 3.7 vs 3.7Avg Hourly Earnings Month Over Month 0.6 vs…
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