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Joy Wood

Joy Wood

Branch Manager
Movement Mortgage
NMLS ID # 962840
625 Piney Forest Rd, Ste 208, Danville, VA 24540
Dial Phone Number
p: (434) 548-2234
f: (434) 270-7183
Send E-mail to
e: joy.wood@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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Joy Wood
Joy Wood
Branch Manager
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625 Piney Forest Rd, Ste 208, Danville, VA 24540
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NMLS # 962840

State License #NC-I-166133, VA-MLO-25847VA