Market Snapshot August 28, 2020
Good Friday AM, As expected bonds have recovered nicely from yesterday’s beating/over reaction to the FED. We are fading a bit from the open but still in good shape…
Good Friday AM, As expected bonds have recovered nicely from yesterday’s beating/over reaction to the FED. We are fading a bit from the open but still in good shape…
Good Thursday AM, There is some important data out today but that is not the real culprit for the beating bonds are taking today. First the data: unemployment claims…
Good Wednesday AM, best day of the week Bonds are struggling and the yield on the ten-year is now back above .71%. See graph below. If the 10-yr breaks…
Good Tuesday AM, It started as a yucky day in the bond market. The 10-yr under pressure as there is more chatter about better data, a quicker recovery, and…