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Brandon Holt headshot

Brandon Holt

Loan Originator
Movement Mortgage
NMLS ID # 629834

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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Brandon Holt headshot
Brandon Holt
Loan Originator
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15950 N. 76th St, Ste 105, Scottsdale, AZ 85260
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NMLS # 629834

State License #AL-629834, AR-629834, AZ-0919715, CA-DBO629834, CO-629834, GA-629834, FL-LO130850, IN-64217, MN-MLO-629834, NC-I-223346, NV-Temporary Authority, PA-110512, TN-629834, TX-SML, WA-MLO-629834, WY-107158