Market Snapshot 11.17.22- Bonds Are Struggling Today
Good Thursday AM, Bonds are struggling today after we hit resistance and fell back hard. The 10-yr is at 3.77% and mortgage bonds are off 20bps. I suspect we will…
Market Snapshot 11.16.22- Retail Sales Were Higher
Good morning on this best day of the week, Wednesday, Retail sales surprised to the upside today which could have spurred a pull back in prices on fear of a…
Market Snapshot 11.15.22- Ebbs And Flows Of Markets
Good Tuesday AM, Less inflation... PPI (Producer Price Index) was released today, which is similar to CPI but at the Producer level instead of the consumer level. Month over month…
Market Snapshot 11.14.22- Fed Pivot Is Coming
Good Monday AM, With the bond market closed Friday for Veterans Day, today is the first real trading day since the CPI report. We are giving back a little of…
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