
Verification Tool; Company and Training Webinars at Home; Capital Markets; Oil-Driven Inflation?
Officially winter ends on 3/19, as the Spring Equinox is 3/20. Most modern clocks these days auto-update when daylight savings begins/ends. So, Sunday morning Iβll be walking around my house thinking, βWow... times have changed.β This Sunday many places will be changing their clocks and springing ah
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Massive Miss in NFP. So Why Aren't Bonds Improving?
It's shaping up to be a frustrating day market watchers. Decades of experience tells us that bonds should rally fairly sharply on a day where nonfarm payrolls miss the forecast by the widest margin in more than a year. At -92k vs +59k, today fits that bill. And like you'd expect, bonds r
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Dueling Narratives Leave Yields Higher Ahead of Jobs Report
Dueling Narrative Leave Yields Higher Ahead of Jobs Report In the overnight session yields followed oil prices higher, but notably, Treasuries continued to sell even after oil leveled off. Then during domestic hours, it was Treasuries' turn to level off while oil prices spiked. From 9am to 2pm
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Mortgage Rates Bounce Back Up Near Recent Highs
Mortgage rates bounced back up today as the underlying bond market continued the selling trend seen on 3 out of 4 days so far this week. In the overnight hours, bond yields (which generally correlate with mortgage rates) moved higher in concert with rising oil prices. That said, it would be a
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