Market Snapshot 3.6.23- First Level Of Fibonacci
Good Monday AM, We touched the first level of Fibonacci on the 10-yr note which is a yield of 3.91%. That is the good news. The bad news is that…
Market Snapshot 3.3.23- A Small Reprieve
Good Morning on this Terrific Friday, Bonds are seeing a little buying and a small reprieve from the shellacking we’ve taken these last weeks. Today's buying is some follow through…
Market Snapshot 3.2.23- Selloff Continues
Good Thursday AM, Feeling sick this am as the selloff continues. The ten-year has now skyrocketed to 4.08 and at this point, will likely test 4.11. Mortgage bonds are also…
Market Snapshot 3.1.23- US Data Was Weaker
Good Wednesday AM, US Data was weaker today but it didn’t matter. Higher inflation and growth in both China and the EU has done damage, bonds have capitulated, finally caved…
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