Market Snapshot July 23, 2021
Good Friday AM, After a stellar Monday and a big reversal on Tuesday, Wednesday stands out as the week's big shift back toward last week's trading range (higher rates). Let’s…
Market Snapshot July 22, 2021
Good Thursday AM, After a week of gains including Monday, Tuesday seemed to hit the pause button on the mini bond rally, which took the 10-yr yield down from 1.43%…
Market Snapshot July 21, 2021
Good Wednesday AM on this best day of the week, Lots of pictures today with not much of an explanation of the weakness in bonds other than stock have come…
Market Snapshot July 20, 2021
Good Tuesday AM, After yesterday’s surge to lower rates, the 10-yr Treasury closed at 1.18% and mortgage bonds were +25bps. Bonds are now in an overbought status and prone for…
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