Market Snapshot 12.8.22- A Little Consolidation
Good morning on this fantastic Thursday, A little consolidation going on in bonds today. Not unexpected after the recent gains. We will have an opportunity for the next leg to…
Market Snapshot 12.7.22- Bonds Are On Fire Again
Good Wednesday AM, best day of the week, Dan Rawitch this morning: 😊 Keep the fire department on speed dial because bonds are on fire again! The ten-year pierced below…
Market Snapshot 12.6.22- Bonds Are Flat
Good Tuesday Am, Bonds are flat and appear to be stabilizing in the expected range, which is 3.50-3.65 for the ten-year. The Mortgage bonds have failed to break above resistance…
Market Snapshot 12.5.22- Heads Start To Turn
Good Monday AM, Both factory orders and non-manufacturing data came in higher than expected. When much data comes out stronger (or weaker) than expected, heads start to turn. While heads…
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