Market Snapshot August 3, 2021
Good Tuesday AM, Bonds are hitting a pause after several days of gains. The 10-yr pushed back up a few basis points from yesterday’s low of 1.15 to sit at…
Good Tuesday AM, Bonds are hitting a pause after several days of gains. The 10-yr pushed back up a few basis points from yesterday’s low of 1.15 to sit at…
Good Friday AM, The 10-yr at 1.23% and mortgage bonds up a dozen (both pointing to improving rates) as the Personal Consumption numbers were released this morning and prices came…
Good Tuesday AM, Bonds are strong this morning with the 10-yr treasury back to 1.24% on mixed news, which leads one to believe that we have to look elsewhere for…
Good Wednesday Afternoon, Bonds were strong this morning based on, ummmm NOTHING, but faded hard into the close. The ADP job report came in much stronger than expected and this…
Good Monday AM, Bonds are strong this morning and for no good reason. We did test the bottom of the range this morning and it held up as it has…
Good Thursday AM, Bonds are flat again this morning, just as we expected. We are likely in this pattern until tomorrow's inflation numbers hit. Let's hope that they come in…
Good Morning on this best day of the week Wednesday, Bonds are flat. Too early to say that today’s sideways movement is the Summer doldrums, more likely that markets have…
Good Tuesday AM, The data is picking up a bit. Today we had ISM Services 52.7 vs 52.0 and more importantly, JOLTS 8.733M vs 9.3M. The JOLTS report was a…
Good Monday AM, I hope you had a fantastic weekend. There is not a lot of data out there today, but this is a busy week. Tomorrow brings the jolts…
Good Friday AM, Bonds are having a great day. The 10yr is down to 4.22% and mortgage bonds are +36bps. Why? Well yes, more data today shows slowing economic activity…
Good Thursday AM, Thursdays always seem to have a lot more economic data released than any other days. There was lots of data today and it was almost universally, bond…