Below is a copy of some data I received from a bond market data service I use. It reports on bond market news several times daily. It helps me get a gauge on which way interest rates may go for the day and in general. I wanted to paste a recent email they sent me, and in parentheses and in CAPS give you my interpretation. Below is the data with my comments. Read the rest of this entry »
Rates have been inching up with the strength in the stock market. A strong stock market means people pull money out of the bond market which creates a weaker bond market, and a weaker bond market means bond yields have to go up to keep demand up in the bond market.
So interest rates have been under pressure Read the rest of this entry »