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Clay Schoengrath headshot

Clay Schoengarth

Sales Manager
Movement Mortgage
NMLS ID # 406338

Market Update

A56I2809

October 22, 2021

Balancing inflation the Fed’s focus as rates creep up

Strong earnings reports and a better than expected report on jobless claims pushed the 10-year Treasury note yield higher over the last week with investors hoping these are signals of an improving economy. The 10-year note yield rose to 1.67%—a gain...

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Clay Schoengrath headshot
Clay Schoengarth
Sales Manager
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1111 N. Mission Ave, Ste B, Wenatchee, WA 98801
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NMLS # 406338

State License #WA-MLO-406338