5% Yields Bringing Value Buyers?
With no meaningful econ data on tap today and no high stakes events, bonds are left to watch news headlines and attend to last-minute positioning goals before tomorrow's Fed announcement. There's a bit more of a disconnect between oil prices and bond yields than normal today. Earlier in the overnight session, yields actually led the way higher. In the past hour, however, oil is spiking and yields are trying to hold under yesterday's domestic session highs. This might (MIGHT!) speak to some level of exhaustion among sellers in the long end of the curve, or some value buyers who like the idea of 5% rate of return on fixed income.Categories
Recent Posts

Federal Reserve hikes key rate for 1st time in 3 years

Speed alone doesn’t convert real estate leads

Florida housing market levels off in August

No, The Fed Didn't Hike Mortgage Rates Today

New Florida Realtors program celebrates Realtors who give back

Agents remain responsible for AI-generated work

Early preparation urged for UAD 3.6 transition

Calm preparation can preserve a home deal

How to help military buyers from afar

