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Michael Wessels Headshot

Michael Wessels

Branch Manager
Movement Mortgage
NMLS ID # 476421

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...

Michael Wessels Headshot
Michael Wessels
Branch Manager
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312 East Stein Highway, Seaford, DE 19973
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NMLS # 476421

State License #DE-MLO-476421, MD-476421