
Bonds Ignore Oil in Favor of Repricing The Rate Outlook
At almost any moment in March 2026, a glance at the "10yr vs oil price" chart has revealed sufficient correlation to blame the bond rout on the energy price spiral. But the correlation is spotty at times and today is one of the starkest examples. Oil is essentially flat while bonds surged to higher
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Mortgage Rates Move Back Up Near Recent Highs
Mortgage rates got hit 3 times on Wednesday, with the net effect being a move back up to the highest levels in several months. The average lender isn't quite as high as they were last Friday, but after late-day "reprices" many are fairly close. The least of the bond market's concerns (bonds di
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Bonds Weren't Prepared For Fed's Inflation Fears
Bonds Weren't Prepared For Fed's Inflation Fears If anything, you'd think the market would have been pricing in a hawkish Fed day, given the run up in energy prices. But Powell threw reporters a curve ball during the press conference and instead placed the focus on other categories of inflation that
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Here's What Changed in The New Fed Announcement
Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, and the unemployment rate has shown some signs of stabilization. been little changed in recent months. Inflation remains somewhat elevated. The Committee seeks to achieve maximum empl
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