Market Snapshot May 5, 2020
Good Tuesday AM, Cinco De Mayo looks a little different this year. I imagine lots of zoom parties and no Corona. The 10-yr is leaking a little higher…
Good Tuesday AM, Cinco De Mayo looks a little different this year. I imagine lots of zoom parties and no Corona. The 10-yr is leaking a little higher…
Good Monday AM, Bonds prices are down pushing rates up a bit. The 10-yr is at .63 and mortgage bonds off about 10bps. Typically stocks and bonds trade inversely,…
Good Friday A.M., Stocks taking a beating this a.m. with the Dow down 600. Treasuries and Mortgage bonds are flat. The data today was bad but less bad than…
Good Morning on this thankful Thursday and last day of April, Some tough pills to swallow today for sure. More than 3.8mm people filed new unemployment claims last week.…