PPI is up, Jobless Claims are Down So what’s a Bond to Do?

Producer Price Index was slightly hotter than expected. This is the cost of the producer to produce goods and services. A preamble to the Personal Consumption Expenditures (PCE) due out 27th of November.

Initial Jobless Claims are down for the first time as well as Continuing Claims.

The Bond Market is just not sure what to do with itself.

Rates increased the last two weeks and are not budging off those levels.

We will see how this all shakes out the next two months.



Check out this graph—it’s so detailed you’ll need a microscope just to find the title!


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