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 Morning on this Friday, from your Hometown Lender, The PCE is the Fed’s favorite inflation gauge. It was released today and for the first time in months, was right…
Good Morning on this Thursday AM, from your Hometown Lender, Unemployment claims in a little lighter than expected. GDP was a huge miss. Markets expected 2.5% and the print was…
Good Morning on this fantastic Wednesday and best day of the week, from your Hometown Lender, Bonds are pulling back a little on some bleh news. Topline Durable goods came…
Good Tuesday AM, from your Hometown Lender, A little bit of data out this morning. New Home Sales beat expectations, which is good for equities, and the Richmond Fed Index…