Market Snapshot August 5, 2021
Good Thursday AM, Bonds are pulling back as we anticipated. Why did we anticipate this? It was easy. The price moved up into the upper reversion zone and price can…
Good Thursday AM, Bonds are pulling back as we anticipated. Why did we anticipate this? It was easy. The price moved up into the upper reversion zone and price can…
Good Morning on this Wednesday and best day of the week, In the category of 'making no sense'... the ADP jobs report was hammered and missed expectations by a huge…
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…