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Latest News Author: Mark Massing

Bonds Rocked on Inflation Fears

The bond market and interest rates had a rough week, especially on Wednesday when a high inflation print sent interest rates to the highest levels of the year. Let's discuss what happened and look at the fallout ahead. Consumer Prices Climbing On Wednesday, the Consumer Price Index (CPI) was reported, and all measures came in […]

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Little News, Little Movement

This past week there were only a few economic reports for markets to digest. As a result, rates remain stuck near key levels. Let's talk about what happened and look at this week's calendar as things heat up. Volatility Continues Interest rates have moved all over the place since the beginning of the year. The […]

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Rates Improve to Finish January

This past week the Federal Reserve paused a hike of rates for the fourth consecutive time. Interest rates ticked down to the best levels in nearly a month. Let's discuss what happened and look at the events to watch this week. Sustainably Toward 2% As mentioned above, the Federal Reserve did not hike rates. In […]

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Farewell to March Rate Cut

This past week interest rates ticked up to the highest levels in over a month. Let's talk about the drivers for this move as we approach the big Fed meeting this week. Good News is Bad News For the last couple of weeks economic readings here in the U.S. have been positive. For instance, the […]

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Rate Cut Bets Slashed

Financial markets continue their bumpy ride in 2024, as interest rates crept higher while stocks sell off. Once again, the Federal Reserve is front and center and a reason for the volatility. Let’s discuss what happened last week and preview the events to watch in the week ahead. Waller Wallop "When the time is right […]

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Rates Improve and Housing Finds its Groove

After a multi-month decline in interest rates, we are seeing positive momentum in housing emerge. Let's look at some of the numbers from last week and highlight events to watch for in the weeks ahead. Spring in January? Not quite, but we have seen an uptick in inventory and mortgage applications over the last couple […]

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Starting Off on the Wrong Foot

Financial markets started off the new year on the wrong foot, and interest rates inched higher. Let's discuss what happened and look at next week's events. Fed Minutes Released On Wednesday, the minutes from the December Fed meeting from two weeks ago were released. Overall, the minutes amplified Fed Chair Jerome Powell's take, "The Fed" […]

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Bonds Ringing in The New Year

Home loan rates have improved once again finishing the year at the best levels since May. Let’s look at what happened in the final trading week of the year and discuss what to watch as the new year begins. 3.83% The 10-year Note continues to hover near 3.83%, exactly where 2023 began. But as we […]

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Historic Bond Market Rally Continues

The "Santa Claus Rally" in stocks is an often-discussed phenomena in the markets, but it was the bond market that has displayed some holiday cheer this year. Let's discuss what happened last week and look into the final trading days of the year. Crazy 8's In late October 30-yr mortgage rates hit 8%; the highest […]

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Fed Pivots, Bonds Celebrate

This past week the good vibes in the financial markets continued. Interest rates hit their best levels since the Summer and continued their historic run lower. Let's discuss what happened and look at the week ahead. Winning Streak Extends to Six Through late October, we were experiencing one of the worst bond market/interest rate trends […]

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