fed
Fed survey: Home Loan bank advances are popular liquidity fallback for banks
Federal Home Loan bank advances are a popular option for banks facing falling reserve balances, a recent survey from the Federal Reserve found. Among banks that are members of the Federal Home Loan Bank System, more than three-quarters of respondents would “very likely” turn to advances to increase reserve balances, according to the Fed’s most … [Read more…]
Plenty of Volatility After CPI Data
CPI came out very much in line with forecasts. We’d discussed the possibility of threading the needle in terms of financial markets not moving much in the event of an as-expected result, but warned that such outcomes are hard to accomplish when so much of the market is waiting to trade one instant of data. This morning serves as a great example of that difficulty as there have already been multiple lead changes in the first 90 minutes following the data. This is true for both stocks and bonds and the pattern is what we’ve come to expect when the market is adjusting its outlook for Fed policy based on relevant data. Specifically, stock prices and bond yields are moving in opposite directions with an almost perfect regularity. There’s no real significance to this other than to confirm that the trading reaction is focused on Fed policy implications.
15 Delicious, Easy Freezer Meals For New Moms & Dads
How to Buy Ethereum (EHT) | Good Financial Cents®
Bonds Finally Decide They Liked Today’s Inflation Numbers
Bonds Finally Decide They Liked Today’s Inflation Numbers You won’t see too many days with a 10+ bp rally in 10yr yields in response to an economic report coming out right in line with expectations. But that’s more or less what happened today. It wasn’t always a given. There were multiple lead changes in the morning hours, but as the PM hours approached, bulls were increasingly in control as markets bet on a gentler Fed in 2023. Several Fed speakers commented during the day, but none as bullishly as Collins yesterday. Markets didn’t pay much attention. Instead, it was the strong 30yr bond auction that extended and solidified the afternoon gains. Econ Data / Events monthly core CPI 0.3 vs 0.3 f’cast, 0.3 prev monthly headline CPI -0.1 vs 0.0 f’cast, 0.1 prev Jobless Claims 205k vs 215k f’cast Market Movement Recap 08:38 AM Big swings after CPI, first weaker, now stronger. 10yr down 4.6bps at 3.497 and MBS up 6 ticks (.19). 09:53 AM Another lead change with MBS back into negative territory (barely), but down about half a point from highs. 10yr yields are up 2.2bps at 3.563, more than 10bps off the lows. 01:02 PM Gradual improvement since the last update and a bit more after the 30yr bond auction. 10yr down 8bps at 3.462 and MBS up a quarter point. 04:10 PM Best levels of the day for 10s, down 11.6bps at 3.427. MBS are up almost half a point.
Mortgage Rates Drop After Two Weekly Increases – | Florida Realtors
Mortgage Rates Drop After Two Weekly Increases | Florida Realtors
The Importance of Housekeeping for a Comfortable Home
Endless to-do lists and piles of laundry are more exhausting than doing the actual work, and the worst bit is that they can easily mess with every other aspect of your life. A messy house and unfinished chores steal your peace, time from family, as well as time from yourself. And most of the time, […]
The post The Importance of Housekeeping for a Comfortable Home appeared first on Fancy Pants Homes.
How to diversify your investment portfolio
Diversification can help you create a more stable investment approach, while enjoying the growth of different types of investments.Diversification can help you create a more stable investment approach, while enjoying the growth of different types of investments.
The post How to diversify your investment portfolio appeared first on Money Under 30.
Is Your Debt Relief Company a Scam and How to Make an Extra $800 a Month to Make Ends Meet
Worrying about being scammed by a debt relief provider is a real fear. But what is a scam? That question is surprisingly more challenging than you might imagine. In this podcast, Damon Day and I discuss why calling any debt rescue company a scam is so tricky. For example, if a company provides you with …
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