Financial Markets- Bonds (Mortgage Rates) The 10 year US Treasury retreated to under 5% this past week, primarily as a result of investors selling stocks and taking a flight to safety, specifically out of AI stocks like Anthropic into US bonds&helli
Financial Markets- Bonds (Mortgage Rates) The 10 year US Treasury cracked 5% this week, the highest since 2007. At that time the spread between the average 30 year fixed rate mortgage and the 10 year US Treasury was around 1.5%, so the 30 year
Financial Markets- Bonds (Mortgage Rates) The S&P hit an all time high earlier this month and currently flirting with 7,700. This marks nearly 15% rate of retun in the past year and it should be no surprise that there is less investing in real e
Financial Markets- Bonds (Mortgage Rates) The S&P has flattened out for the past month with geopolitical turbulence driving much of the ebbs and flows. The market appears to be holding its breath waiting to see if the conflict in Iran will
Financial Markets- Bonds (Mortgage Rates) Its been several months since my last market summary and the financial markets have functioned traditionally in the sense that as stock prices have risen so too have bond yields (and mortgage rates for that
Financial Markets- Bonds (Mortgage Rates) The S&P and stocks in general were hit hard this month which can mostly be attributed to the Iran conflict, bombing, war, what ever description you prefer. The S&P 500 currently sits at 6343, down ne