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 AM, Markets all hanging around on some weak economic data. Personal consumption and spending are both down from expectations and recent highs. Inflation has declined for the first…
Good Thursday AM, Equities are seeing a small bounce today, which is making improvement in the bond market difficult. Traders are buying the dip as they see these levels as…
Good Morning on this best day of the week Wednesday, A holding pattern appears to be underway as investors assess the outlook for Fed policy. US equity futures languished, while stocks in Europe…
Good Tuesday AM, Stocks surged yesterday and put bonds under pressure but the data and market sentiment would only allow it to run so far. Today we are seeing the…