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 9.27.22- Speechless About The Bond Market
Good Tuesday AM, I continue to be speechless about the bond market. Yesterday the 10-yr ran to 3.92% and mortgage bonds sold off 156bps. Today no relief in the 10-yr…
Market Snapshot 8.31.22- Still Under The Powell Shadow
Good Morning on this best day of the week Wednesday, Despite repeatedly bad economic news releases, we are not seeing any traction in the bond market. Today the ADP jobs…
Market Snapshot July 26, 2021
Good Monday AM, I hope you had a terrific weekend.. New Home Sales were surprisingly low. Like all asset classes, it is not possible for housing, or any market to…