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 Thursday AM, Bonds had a great day yesterday on some muted Fedspeak (I don’t know I have ever defined Fedspeak but it is simply the public commentary from high…
Good Morning on this best day of the week, Wednesday, Lots of mid-tier data today. Most of it shows a weakening or slowing economy which is just what the doctor…
Good Tuesday Am, Coming back from a long weekend is always challenging (especially when the rest of the world has kept on working). Markets are catching up though. Unfortunately for…
Good Morning on this fantastic Friday, The news this morning was mixed but tilting toward being unfriendly to bonds. Bond prices are pulling back somewhat but again, this should not…