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Mandie Mills

Mandie Mills

Loan Officer
Movement Mortgage
NMLS ID # 1733038

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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Mandie Mills
Mandie Mills
Loan Officer
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4714 Oleander Dr, Ste A, Myrtle Beach, SC 29577
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NMLS # 1733038

State License #AL-89335, FL-LO71505, GA-65334, MO-1733038, NC-I-183625, SC-MLO - 1733038, TN-1733038