Even before it began, this week was destined to be interesting, if not downright important, due to the data and events on the calendar. The scheduled events were joined by unexpected headlines, making for even more market volatility. By Friday, just when the stars seemed to align for rates to break below 2017’s constrictive range, they shot paradoxically higher! Why would they do such a thing?
Source: Kevin Litwicki Universal Lending
Making Sense of This Week's Crazy Market Movement