Lower Treasury News Today

Mortgage rates are in the midst of a bit of a winning streak, but it's about as small and as neutral as winning streaks get.  Today was the third day in a row where the top tier, conventional 30yr fixed rate was at least as good a the previous business day.  The catch is that there's not much difference between today's rates and the recent peak from 4 days ago.   There's been a lot of momentum behind the notion ...

Analysts expect D.R. Horton will post earnings of $2.87 a share on $7.55 billion in revenue in its fiscal first quarter ended Dec. 31.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

These stocks can benefit from a decline in Treasury yields, according to Jefferies.

The dollar is moving lower in European trading today

Add to Bookmarks Gold futures finished higher on Wednesday despite a stronger U.S. Dollar. Lower Treasury yields may have provided some support. The choppy price action may have been fueled by position-squaring ahead of Friday’s U.S. Non-Farm Payrolls report. A strong jobs report could confirm the Fed’s hawkish tone in its last policy statement, which would weigh on gold prices. At 20:52 GMT, August Comex gold is trading $1770.10, up $6.50 or +0.37%. Advertisement Start Trading Trading Deri...

Share: Other than earnings, we’ve had almost no numbers to crunch so far this week. That changes starting today.  Weekly crude inventories come out later this morning, followed by initial jobless claims tomorrow. The claims number looms large, considering last week’s 576,000 was the lowest by far since the pandemic began. People are going to be watching tomorrow’s data maybe a little closer than usual to see if this is a blip or a trend. Consensus on Wall Street is for 600,000 new claims...