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Paula Schneid Headshot

Paula Schneid

Sales Manager
Movement Mortgage
NMLS ID # 39882
319 Southbridge St, Ste 201, Auburn, MA 1501
Dial Phone Number
p: (617) 549-3732
f: (774) 843-5039
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e: paula.schneid@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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Paula Schneid Headshot
Paula Schneid
Sales Manager
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319 Southbridge St, Ste 201, Auburn, MA 1501
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NMLS # 39882

State License #CT-LO-39882, FL-LO59484, MA-MLO39882, ME, NH, NJ, RI