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Darin Hoffman headshot

Darin Hoffman

Residential Mortgage Loan Originator
Movement Mortgage
NMLS ID # 1106073

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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Darin Hoffman headshot
Darin Hoffman
Residential Mortgage Loan Originator
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1313 Ranch Road 620, Suite 201, Austin, TX 78734
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NMLS # 1106073

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