Monday Market Commentary

by Alex Stenback on April 4, 2005

Downtown_architecture_1 
‘Downtown Architecture,’ by Visual Gratification

Last Week: Rates moved down slightly
In a week packed with economic data releases (most of which were bond market friendly) the mortgage market managed to eek out some gains, with most mortgages improving in rate by about 1/8th of a discount point.
This Week
No major data releases on the calendar.  We expect commodities (oil prices) and currency markets to be the "market movers" this week as bond traders scour the markets for signs of inflation.

{ 1 comment… read it below or add one }

hydra April 4, 2005 at 3:32 pm

Yield spread, wooohoooooooooo!!! Gimme da juice!

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