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Aras Butas Headshot

Aras Butas

Loan Officer
Movement Mortgage
NMLS ID # 1086842
941 Lincoln Ave, Units 200-E1-A & 200-E1-G, Steamboat Springs, CO 80487
Dial Phone Number
p: (703) 981-1974
o: (970) 286-0123
f: (970) 237-6312
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e: aras.butas@movement.com

Calm Economic Week Leads to Looking Ahead

By: Movement Staff
May 10, 2024
This week, the bond market experienced a period of relative calm due to a light economic calendar and successful Treasury auctions. However, this calm might be short-lived as attention turns to next Wednesday's April CPI release, which is expected to influence market sentiment until the May payroll release on June 7. Currently, ten-year Treasury yields are around 4.50%, and appear to be waiting on convincing evidence that inflation is cooling before breaking materially below this level.
Author: Movement Staff

The Market Update is a weekly commentary compiled by a group of Movement Mortgage capital markets analysts with decades of combined expertise in the financial field. Movement's staff helps take complicated economic topics and turn them into a useful, easy to understand analysis to help you make the best decisions for your financial future.

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Aras Butas Headshot
Aras Butas
Loan Officer
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941 Lincoln Ave, Units 200-E1-A & 200-E1-G, Steamboat Springs, CO 80487
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NMLS # 1086842

State License #CO-100500545, FL-LO114630, DC-MLO1086842, IL-031.0079832, MD-26-24493, VA-MLO-15984VA