Market Snapshot 3.9.23- Unemployment Claims Out Today
Good Thursday AM, Unemployment claims out today were higher than markets expected for the first time in what feels like months. Despite some positive news for bonds, we are caught…
Market Snapshot 3.8.23- Markets Are Handling It
Good Morning on this best day of the week, Wednesday, Second (and final day) of Fed Chairman Powell’s congressional testimony and markets are handling it in stride. Most benchmarks and…
Market Snapshot 3.7.23- Happy Powell Day
Good Tuesday AM, It is troubling after 6 attempts we failed to break below 3.91 on the ten-year. It is equally as troubling that the Mortgage bonds continues to fail…
Market Snapshot 3.6.23- First Level Of Fibonacci
Good Monday AM, We touched the first level of Fibonacci on the 10-yr note which is a yield of 3.91%. That is the good news. The bad news is that…