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Michael Rocco

Michael Rocco

Branch Leader
Movement Mortgage
NMLS ID # 1281719

Movement Blog

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...

Michael Rocco
Michael Rocco
Branch Leader
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205 Archway Ct, Lynchburg, VA 24502
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NMLS # 1281719

State License #NC - I-212223, VA - MLO-23769VA