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Government Shutdown Now in Third Day

US stock markets shook off the reality of the Federal Government entering its third day of a shut down, with the S&P 500 and NASDAQ hitting new all-time record high levels this morning.  The shutdown is not expected to cause…

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Additional Articles

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A Possible Government Shutdown

The only good thing happening in the bond market is the 10 Year...
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Weekly Unemployment Claims at Nearly 45 Year Low

Mortgage bonds experienced another gap down opening, pushing interest rates to the highest...
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Rates Continue to Climb Higher

Yesterday’s early morning stock market rally ended as the day wore on, with...
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Bonds Holding as Stocks Show Strength

Stocks are once again jolting higher, with the Dow crossing 26,000. It took...
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Consumer Inflation Heats Up

Bonds are once again taking a beating this morning, as the technical move...
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Bonds Bounce Off Support

As expected, mortgage bonds closed the gap identified in yesterday’s market update.  They...
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China Threat Hurting the U.S. Bond Market

Mortgage interest rates continue to move higher once again this morning, in what...
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Upward Pressure on Interest Rates Continues

Mortgage bonds fell sharply in early market trading. The Head-and-Shoulders pattern we identified...
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BLS Report Shows Weaker Than Expected Job Gains

The stock market continued its run higher again this morning, posting new record...
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