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Lending Update 11/20/2017

Over the last week, we saw the 10-year yield drop slightly.  It seems the bond market has decided to start their holidays a little early; as there really has been little movement for about a month.  Stepping back a bit…

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Lending Update 11/13/2017

This past week, the 10-year yield moved up slightly.  I stared at the news, graphs, and the German Bund to see if I saw anything worth mentioning.  Candidly, I came up with zero insights.  Even though the FED is planning…

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Lending Update 11/06/2017

The 10-year yield pulled back from its recent upward trend this past week.  In some ways there was little change.  The economy continues to produce good results, employment numbers look good, a new FED Chair was announced, and the FED…

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Lending Update 10/30/2017

The 10-year yield broke through what has been its upper resistance at 2.40% this past week.  I pasted the chart below showing the blue line at approximately that mark.  The economy performed better than expected with the GDP numbers; there…

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Lending Update 10/23/2017

This past week, we saw the 10-year yield bounce back up about half-way in its latest trading channel (see blue lines in the graph below).  Stepping back a bit, none of this is all that earth shattering.  Rates are up…

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Lending Update 10/16/2017

The upward trend in the 10-year yield took a breather over the last week.  In the graph below, one can see a pull-back from both the green upward trend line and the red resistance line.  I do not see anything…

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Lending Update 10/09/2017

The rise in the 10-year yield continued this last week.  At this point, my best guess is that the perception of the FED unwinding QE is putting upward pressure on the yield.  The next point of upward resistance is around…

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Lending Update 10/02/2017

The upward movement in the 10-year yield continued over the last week.  Looking at the chart below, the next level of resistance would be around 2.4%.  2.6% then comes after that (which dates back to December of 2016).  This upward…

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Lending Update 09/25/2017

Relatively speaking, last week we saw a fairly significant rise in the 10-year yield (see graph below).  Forgetting the various sociopolitical issues for the moment, it seems that the interest markets are actually concerned about the FED unwinding the stimulus…

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Lending Update 09/18/2017

The 10-year yield actually moved up a bit over last week.  Some possible factors influencing the upward trend were Irma’s relatively benign losses, the perception of improved US economic health, and the expectation of rate increases in both the US…

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