Market Snapshot October 7, 2021
Good Thursday AM, Bonds are under pressure again this morning. The ten-year has broken below the critical Fibonacci 50% level. It would be great if we can get a break…
Good Thursday AM, Bonds are under pressure again this morning. The ten-year has broken below the critical Fibonacci 50% level. It would be great if we can get a break…
Good Morning on this fantastic Wednesday, Bonds cannot get a break. It is groundhogs day. The ten-year yield is down a bit and mortgage bonds are following suit. We had…
Good Tuesday AM, Yuck!! Bonds gapped down at the open and we are likely rangebound here until the jobs report on Friday. Bonds are down today and for no great…
Good Monday AM, MBS is doing OK on the day but down from Friday. This makes sense as we hit major resistance on Friday. We have already tested and failed…