up/down graph

 

The big news was the release of NonFarm Payrolls today.  They rose by 110k, which was close to the consensus but it sent bond prices sharply lower.

Items of note:

  • Pending Home Sales fell to a larger than expected 6.5% in August 
  • Bond Market closed the week with prices sharply lower:

        2 year  yield     4.07%

        5 year yield      4.33%

        10 year yield    4.64% 

  • Stock market keep rallying on, there's even talk of 15,000! 
 

More to come on Sunday when I put out the Week Ahead post!!!

Please feel free to visit me at anaconnell.com
 

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Burbank Real Estate Agent Ana Connell

Burbank, CA

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Keller Williams Realty

Address: 401 S. First Street, Burbank, Ca, 91502

Office Phone: (818) 239-3500 x 616

Cell Phone: (818) 795-8474

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Housing and economic information and statistics for Burbank, North Hollywood, Hollywood Hills, Studio City , Valley Village, Toluca Lake and surrounding areas of the San Fernando Valley.


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