Market Snapshot 07.21.23- No Data Today
Good Friday AM, No data today and with the heatwave across the country, on a Friday in July, trading desks are abandoned. Equities are on a tear that I don’t…
Market Snapshot 07.20.23- No Good Reason
Good Thursday AM, UGH! Yesterday it looked like we would hold above the 50 day moving average which is always a big deal and a catalyst to lower rates. We…
Market Snapshot 07.19.23- Extremely Bond Friendly
Good Wednesday AM, The news today again was extremely bond friendly, although housing starts typically do not really move the market. The bond market is reacting positively with the 10-yr…
Market Snapshot 07.18.23- Good Amount Of Data Today
Good Tuesday AM, Good amount of data today and it all came in weaker than expected. The 10-yr note is back below 3.80 and if we can close below 3.75%,…
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