RECENT BLOG POSTS
Friday's bond market has opened in positive territory despite stock market gains. The Dow and Nasdaq are showing solid improvements with gains of 80 points and 22 points respectively. The bond market is currently up 3/32, but we still will likely see a sizable increase in this morning's mortgage ...
09/21/2007
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Thursday's bond market has opened well in negative territory despite weaker than expected economic news. The stock markets are down slightly with the Dow down 12 points and the Nasdaq down 4 points. The bond market is currently down 18/32, which will likely push this morning's mortgage rates hig...
09/20/2007
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09/19/2007
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Wednesday's bond market has opened in negative territory as stocks continue yesterday's late rally. The stock markets are posting another round of gains during early trading with the Dow up 86 points and the Nasdaq up 19 points. The bond market is currently down 19/32, but due to strength in mort...
09/19/2007
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TUESDAY AFTERNOON UPDATE:Today's FOMC meeting adjourned with an announcement of a rate cut of a half point. This move didn't come as a surprise to many analysts, but was the first reduction since June 2003. The stock markets have reacted favorably with the Dow now up 230 points and the Nasdaq up ...
09/18/2007
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Tuesday's bond market has opened in negative territory following the release of this morning's inflation data. The stock markets are posting early gains with the Dow up 70 points and the Nasdaq up 8 points. The bond market is currently down 7/32, but I am not expecting to see much of a change in ...
09/18/2007
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Monday's bond market has opened in negative territory as the markets await tomorrow's events. The stock markets are showing losses also with the Dow down 65 points and the Nasdaq down 20 points. The bond market is currently down 3/32, which with Friday's late weakness, will push this morning's mo...
09/17/2007
This week is likely to be quite interesting. There are only four pieces of economic news scheduled for release, but two of them are highly important inflation readings. We also have another Federal Open Market Committee (FOMC) meeting, which may bring a much-sought rate cut. There is little doubt...
09/16/2007
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Friday's bond market opened in positive territory but has since slipped into negative ground. The stock markets are currently showing losses with the Dow down 18 points and the Nasdaq down 6 points. The bond market is currently down 3/32, but we will likely see a slight improvement in this mornin...
09/14/2007
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Thursday's bond market has opened well in negative territory due to sizable stock market gains and today's Treasury auction. The stock markets are currently rallying with the Dow up 140 points and the Nasdaq up 11 points. The bond market is currently down 15/32, which will likely push this mornin...
09/13/2007