10 Year Treasury (Typically Tracks mortgage rates)

10 Year Treasury (Typically Tracks mortgage rates)

Friday 2/24/23

8:38 AM : Headline PCE inflation for January increased by 0.6%, which was above estimates of 0.3%, and increased by 0.1% to 5.4% year over year, which was higher than expectations of 4.8%. Core PCE increased by 0.6% month over month, which was above estimates of 0.4%, and increased by 0.3% to 4.7% year over, which was higher than estimates of 4.3

10 year is back back to 3.953% Chart from CNBC link: CNBC 10 year link

Tuesday 2/21/23

10:00 AM EST The 10 year has moved up another 11 bp to 3.951%

Monday 2/20/2023

The 10 year treasury hit a low on Thursday 2/02/23 during the day of 3.336% right before the jobs report. The 10 year closed Friday at 3.817%, up 0.481%. The next jobs report will be Friday 3/10/23. This report may give us another hint, if we are headed to recession or not. Stay tuned!



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