This week has been a reminder that rates are not on a one-way trip down. There are still a lot of market factors that will make this ride down choppy. As of now, the inflation numbers appear to be moving in the direction of the Fed’s goal of 2%. In fact, if you take the […]
https://bluebirdhl.blog/wp-content/uploads/2023/09/BLUEBIRD-BLOG-LOGO-white-copy.png00JJ Astorquiahttps://bluebirdhl.blog/wp-content/uploads/2023/09/BLUEBIRD-BLOG-LOGO-white-copy.pngJJ Astorquia2024-01-05 09:18:252024-01-05 09:18:27Market Update: Stronger than expected job reports, rates increasing materially over the last 1.5 weeks from recent lows
We start the day with the 10 yr treasury index at 3.88. Very early this morning it was approaching 3.86 in the overnight session. Just 7-8 weeks ago between October 19th and October 25th, we were up over 5.00. In addition, at that time, the spread between the 30 yr fixed and the 10 yr […]
https://bluebirdhl.blog/wp-content/uploads/2023/09/BLUEBIRD-BLOG-LOGO-white-copy.png00JJ Astorquiahttps://bluebirdhl.blog/wp-content/uploads/2023/09/BLUEBIRD-BLOG-LOGO-white-copy.pngJJ Astorquia2023-12-20 08:37:102023-12-20 08:37:11Market Update: PCE Release on Friday and General Market Update
All, It has not been getting the headlines it should be this is a great thing for the US and is starting to have an impact on OPEC, which has controlled the world for a VERY LONG time as it relates to energy.
https://bluebirdhl.blog/wp-content/uploads/2023/09/BLUEBIRD-BLOG-LOGO-white-copy.png00JJ Astorquiahttps://bluebirdhl.blog/wp-content/uploads/2023/09/BLUEBIRD-BLOG-LOGO-white-copy.pngJJ Astorquia2023-12-06 07:31:132023-12-06 07:31:16Inflation Update: US Oil Production CRANKING – good news for headline inflation and risk of a rebound (nice to see global prices still sliding a result)
https://bluebirdhl.blog/wp-content/uploads/2023/09/BLUEBIRD-BLOG-LOGO-white-copy.png00JJ Astorquiahttps://bluebirdhl.blog/wp-content/uploads/2023/09/BLUEBIRD-BLOG-LOGO-white-copy.pngJJ Astorquia2023-12-05 13:04:572023-12-05 13:04:57Market Update: Strong market reaction to large JOLTS miss
Consumers are out of savings; however, wage growth and a current strong job market is keeping spending going for now. I expect this to cool further with an increase in job loss. I expect to see the large drops in January and into February. I have a feeling that the wage growth and strong job […]
https://bluebirdhl.blog/wp-content/uploads/2023/09/BLUEBIRD-BLOG-LOGO-white-copy.png00JJ Astorquiahttps://bluebirdhl.blog/wp-content/uploads/2023/09/BLUEBIRD-BLOG-LOGO-white-copy.pngJJ Astorquia2023-11-30 08:43:302023-12-05 13:03:20Market Update: Shifting in tone from the Feds causing 10 yr yields to drop improving rates
Hello All, The market has ignored the Fed Statement in large part and is beginning to take the statement as ‘lip service” as this point. It would not be wise for the Feds to not maintain the tool of a raise due to the likely market reaction if they removed it. So, for the foreseeable […]
https://bluebirdhl.blog/wp-content/uploads/2023/09/bluebird-meet-the-team-banner.png6301920JJ Astorquiahttps://bluebirdhl.blog/wp-content/uploads/2023/09/BLUEBIRD-BLOG-LOGO-white-copy.pngJJ Astorquia2023-11-22 07:48:052023-11-22 10:59:09Market Update: 10 Yr Treasury Breached 4.40 overnight after a shrug off of Fed Statement
Market Update: Stronger than expected job reports, rates increasing materially over the last 1.5 weeks from recent lows
This week has been a reminder that rates are not on a one-way trip down. There are still a lot of market factors that will make this ride down choppy. As of now, the inflation numbers appear to be moving in the direction of the Fed’s goal of 2%. In fact, if you take the […]
Market Update: PCE Release on Friday and General Market Update
We start the day with the 10 yr treasury index at 3.88. Very early this morning it was approaching 3.86 in the overnight session. Just 7-8 weeks ago between October 19th and October 25th, we were up over 5.00. In addition, at that time, the spread between the 30 yr fixed and the 10 yr […]
Inflation Update: US Oil Production CRANKING – good news for headline inflation and risk of a rebound (nice to see global prices still sliding a result)
All, It has not been getting the headlines it should be this is a great thing for the US and is starting to have an impact on OPEC, which has controlled the world for a VERY LONG time as it relates to energy.
Market Update: Strong market reaction to large JOLTS miss
Hello All, The first bit of data from an action-packed employment numbers week was positive for rates.
Market Update: Shifting in tone from the Feds causing 10 yr yields to drop improving rates
Consumers are out of savings; however, wage growth and a current strong job market is keeping spending going for now. I expect this to cool further with an increase in job loss. I expect to see the large drops in January and into February. I have a feeling that the wage growth and strong job […]
Market Update: 10 Yr Treasury Breached 4.40 overnight after a shrug off of Fed Statement
Hello All, The market has ignored the Fed Statement in large part and is beginning to take the statement as ‘lip service” as this point. It would not be wise for the Feds to not maintain the tool of a raise due to the likely market reaction if they removed it. So, for the foreseeable […]