RSS

Tag Archive | "Volatility"

Morning Market Update - 8/20/2008: No news can cause rates volatility today

Wednesday, August 20, 2008

1 Comment

Good Morning, Yesterday’s affect on mortgage interest rates from the dramatic Producer Price Index (PPI) was lighter than expected thanks to the price drops commodities like oils and gas. This does not mean that inflation is gone by any stretch of the imagination, but it does prevent a massive panic to sell off bonds. [...]

Continue reading...

Market Update 7/14/2008 – More Volatility Expected this Week

Monday, July 14, 2008

0 Comments

Good Afternoon, I am expecting a very volatile week in regards to mortgage interest rates. There are six important economic reports along with more corporate earnings releases and the minutes from the last FOMC meeting. The 10-year bond yield opened in positive territory this morning and brought rates slightly higher because of Friday. [...]

Continue reading...