Jobs report released, good news for rates

Its about wage growth putting less pressure on inflation. This is what the Feds are laser focused on. We are waiting for next weeks CPI (Consumer Price Index) inflation report. If it comes in even slightly lower than expected 5.7-5.8 we may see another rally in the Bond Market to our favor. We are advising Floating on our clients locks. we are up 70bps today which is huge.


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