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, I hope you had a terrific holiday. Bonds finally showing some signs of life today. Maybe it was the break through on the debt ceiling negotiations over…
Good Friday AM, Today was the big data day of the week and it for the most part, it all came in stronger (or at least not weaker). The details…
Good Thursday AM, GDP revised to 1.3 from 1.1, jobless claims lower at 229k, and no debt deal yet. Need I say more? The 10-yr has backed up to 3.78%…
Good Morning on this fantastic and best day of the week, Wednesday. Ground hogs day bonds, same story, just not a great situation. The ten-year is sitting at 3.73, which…