REACH THE RIGHT SOLUTION AT THE RIGHT TIME!
Contact NMSI
Welcome to Nationwide Management Services, Inc. Our services are supported by a unique and proprietary fully-automated inspection system. Our system allows our agents to contact and complete your requests much faster and more effective than our competitors. We ensure you get the right service and provide you with access to comprehensive reports so that our relationship is 100% transparent. Our goal is to maximize every dollar you spend with us and to enhance the overall loss mitigation experience with you as well as your customer.
CONTACT US
 

What To Make of The Post-Payrolls Rate Rally

What To Make of The Post-Payrolls Rate Rally

What To Make of The Post-NFP Rally Nonfarm Payrolls (NFP) beat forecasts (850k vs 700k), which is normally something that would put upward pressure on rates. While that seemed like a threat for the first 14 minutes, things calmed down nicely from there and bonds hit their early closing times with moderate gains intact. Rather than try to force this outcome to fit some narrative (i.e. "this wasn't enough to derail the Fed's rate-friendly policies"), let's keep things simple. The Fed has already been clear that NOTHING will be enough to derail those policies in the next month or three, so data like this merely helps shape the small scale trends inside a broader sideways range. We should also take today's action with a grain of salt given the early close and 3.5-day weekend. At least some of the
No Comments

Sorry, the comment form is closed at this time.