When inflation came out higher than expected on Friday morning, market watchers knew (or thought they knew) what would happen next. But instead, the opposite happened.
Source: Kevin Litwicki MBSLIVE
Inflation Told Rates to Rise. Rates Didn't Listen
If The Fed Didn't Cut Rates This Week, Why Did Rates Fall?
Interest rates improved fairly steadily throughout the week with the biggest drop seen after Wednesday’s Fed announcement. But the Fed didn’t cut rates.
Source: Kevin Litwicki MBSLIVE
If The Fed Didn't Cut Rates This Week, Why Did Rates Fall?
Interest Rates Had a Boring Week, And That's a Good Thing
Rates rocketed lower with stunning consistency starting in late February. They finally bounced last week, but rather than move back up to previous levels, they held in a relatively narrow, sideways range. That set the stage for a showdown this week.
Source: Kevin Litwicki MBSLIVE
Interest Rates Had a Boring Week, And That's a Good Thing
The Secret Reason That Rates Bounced This Week
There’s a lot for financial markets to digest at the moment. Over the past few weeks, the net effect of that digestion has been good for bonds/rates and bad for stocks. But the prevailing correlation broke down this week and few people in the U.S. truly understand why.
Source: Kevin Litwicki MBSLIVE
The Secret Reason That Rates Bounced This Week