fed
Bonds Finally Decide They Liked Today’s Inflation Numbers
Bonds Finally Decide They Liked Today’s Inflation Numbers You won’t see too many days with a 10+ bp rally in 10yr yields in response to an economic report coming out right in line with expectations. But that’s more or less what happened today. It wasn’t always a given. There were multiple lead changes in the morning hours, but as the PM hours approached, bulls were increasingly in control as markets bet on a gentler Fed in 2023. Several Fed speakers commented during the day, but none as bullishly as Collins yesterday. Markets didn’t pay much attention. Instead, it was the strong 30yr bond auction that extended and solidified the afternoon gains. Econ Data / Events monthly core CPI 0.3 vs 0.3 f’cast, 0.3 prev monthly headline CPI -0.1 vs 0.0 f’cast, 0.1 prev Jobless Claims 205k vs 215k f’cast Market Movement Recap 08:38 AM Big swings after CPI, first weaker, now stronger. 10yr down 4.6bps at 3.497 and MBS up 6 ticks (.19). 09:53 AM Another lead change with MBS back into negative territory (barely), but down about half a point from highs. 10yr yields are up 2.2bps at 3.563, more than 10bps off the lows. 01:02 PM Gradual improvement since the last update and a bit more after the 30yr bond auction. 10yr down 8bps at 3.462 and MBS up a quarter point. 04:10 PM Best levels of the day for 10s, down 11.6bps at 3.427. MBS are up almost half a point.
Mortgage Rates Drop After Two Weekly Increases – | Florida Realtors
Mortgage Rates Drop After Two Weekly Increases | Florida Realtors
The Importance of Housekeeping for a Comfortable Home
Endless to-do lists and piles of laundry are more exhausting than doing the actual work, and the worst bit is that they can easily mess with every other aspect of your life. A messy house and unfinished chores steal your peace, time from family, as well as time from yourself. And most of the time, […]
The post The Importance of Housekeeping for a Comfortable Home appeared first on Fancy Pants Homes.
How to diversify your investment portfolio
Diversification can help you create a more stable investment approach, while enjoying the growth of different types of investments.Diversification can help you create a more stable investment approach, while enjoying the growth of different types of investments.
The post How to diversify your investment portfolio appeared first on Money Under 30.
Is Your Debt Relief Company a Scam and How to Make an Extra $800 a Month to Make Ends Meet
Worrying about being scammed by a debt relief provider is a real fear. But what is a scam? That question is surprisingly more challenging than you might imagine. In this podcast, Damon Day and I discuss why calling any debt rescue company a scam is so tricky. For example, if a company provides you with …
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Here’s How to Ask for a Lower Credit Card Interest Rate
Swiping your credit card has now become more expensive than ever, and itâs because credit card interest rates are rising crazy fast. Thatâs why we think you should call your credit card company and ask for a better rate â pronto. Weâre serious about this! But first, let us explain: Your credit cardâs interest rate, […]
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
Debunking the housing inventory myth in preparation for 2023
If we pay attention, we can catch and manage the new opportunities and realities which will be driven by the following inventory themes
Current HELOC rates in 2023: HELOC rates vs. mortgage rates
Current HELOC rates are rising. But HELOC rates might still be a better deal than cash-out mortgage rates. Here’s why.
Mortgage rates have peaked along with inflation
If you want a soft landing, this is the inflation data you want to see, something I talked about last year, even on recession watch.