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June 2020

Friday - June 5   8:33 AM - May Non-Farm Payrolls unexpectedly rise by 2.51 million vs the -8.5 million expected!!! Stock futures add to already big gains. Bonds prices plunging. 10-yr yield rises to .92%. Thursday - June 4 Market Wrap -Mortgage Bonds closed lower though off their worst levels while the 10-yr yield rose to .82%, the highest close since March 25. The German 10-yr Bund yield ended at .31%. Stocks closed mixed ending a four-day win streak for the S&P. WTI oil ended at $37.42/barrel, near unchanged. Tomorrow brings the Jobs Report. We will not even try to gu...

June 3rd, 2020 June 2020