Market Snapshot 2.21.23- Bonds Selling Today
Good Tuesday Am, Bonds selling today off in a big way today. The Fed Funds future rate (which shows what markets are guesstimating the Fed will hike rates to) is…
Market Snapshot 2.17.23- Bonds Are Still Dicey
Good Friday AM, Bonds are still dicey! The ten-year did run up and test 3.90%, as we expected. Mortgage Bonds fell hard at the open and broke below the floor…
Market Snapshot 2.16.23- Strong Data Today
Good Morning on this Terrific Thursday, Strong data today but not unexpected based on the recent employment, retail sales, and inflation data. Initial Jobless Claims 194K on expectations of 200K,…
Market Snapshot 2.15.23- Hits Keep On Coming
Good Morning on this best day of the week, Wednesday, The hits keep on coming. The news this morning was overwhelmingly unfriendly to bonds. Bonds are reacting accordingly with the…
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