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 Friday morning from your Hometown Lender, Today’s economic data was the most anticipated and important of the week. The PCE is the Fed’s favorite inflation gauge and with their…
Good Thursday morning from your Hometown Lender, More data today and it was a mixed bag. Today we see the 1st look (of 3 looks) into the 2nd qtr. GDP.…
Good morning on this best day of the week, Wednesday from your Hometown Lender, More data today. Still B tier but data nonetheless. The Purchasing Manager’s Index showed some growth…
Good Tuesday morning from your Hometown Lender, The data release spigot for the week opened slowly today. The Richmond Fed Manufacturing Index was dismal, Existing Home sales were weak, and…