Posted To: Pipeline Press
The Federal Financial Institutions Examination Council (FFIEC) published a Press Release announcing an update to the Cybersecurity Assessment Tool . Capital Markets Despite the arguably weak payroll number, the Fed Funds futures market (a way of gauging what all the smart folks think the probability is) increased their probability of a June hike to 93%. The 10 year continues to rally, and we are at the lowest yields since early November. The Trump "reflation trade" - $1 trillion on infrastructure plus tax breaks - continues to deflate, at least as far as bonds are concerned. Friday, after the employment data, we had a nice treasury rally following the weaker than expected payrolls report as the 10-year note led the market higher, price-wise, and rates dropped with the 10-year yield dropping...(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/2s96NNS
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