Yields have risen modestly over the last 3 trading sessions. The 2.23%-2.25% range over the past few days looks good if we take a few steps back from the narrow time frame and think about the broader recent context.
Are the 2.23-2.25% yields indicative of more strenght to come or will they bounce? If you were to ask equities markets or even European bond markets, they'd suggest we should already have bounced! So we're back to waiting for more info on the potential scandal.
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• 30 year (FRM) rates at 4.03% (+0.00%).
• 15 year (FRM) rates at 3.29% (+0.01%).
• FHA 30 year Fixed rates at 3.75% (+0.00%).
• Jumbo 30 year Fixed rates at 4.31% (-0.01%).
• 5/1 ARM rates at 3.08% (-0.02%).
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