Weekly rates

Recent Updates:

Capital Markets Comment: UST10 at 4.12% this morning, up 4bp from last week at this time. Market movements driven by concerns around the price of oil’s impact on inflation (WTI has increased another $10/bbl to $87 since last week with concerns about the closure of the Straits of Hormuz and shut-downs of several other oil producing facilities in the region. Prices topped $100 in certain markets before a fall back on hopes this conflict will be a short-term one. In other economic news, look for CPI and Core CPI figures to be released tomorrow. Current expectation is 2.4% to 2.5% year-over year. Earliest appreciable chance of a rate cut in June (40%) according to the futures markets.
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Rates are provided by Freddie Mac and Fannie Mae