Chris McDonald's (chrismcdonald) Blog

Monday's bond market has opened flat as investors await this week's economic news and events. The stock markets are following suit with the Dow down a few points and the Nasdaq up 1 point. The bond market is currently nearly unchanged from Friday's close, so we should see little change in this m...

Friday's bond market has opened down slightly despite early stock losses and a weaker than expected consumer sentiment reading. The stock markets are reacting to earnings news with the Dow down 87 points and the Nasdaq down 30 points. The bond market is currently down 4/32, which should push thi...

Wednesday's bond market has opened in negative territory as investors turn their attention towards stocks and earnings. The stock markets are showing gains with the Dow up 88 points and the Nasdaq up 30 points. The bond market is currently down 6/32, which will likely push this morning's mortgag...

Tuesday's bond market has opened in positive territory following early stock weakness. The stock markets are reacting negatively to some earnings news with the Dow down 115 points and the Nasdaq down 28 points. The bond market is currently up 7/32, which will likely improve this morning's mortga...

Tuesday's bond market has opened up slightly as investors await today's news. The stock markets are showing early losses with the Dow down 20 points and the Nasdaq down 8 points. The bond market is currently up 5/32, which should improve this morning's mortgage rates slightly. Today's only relev...

      This week brings us the release of only two relevant economic reports in addition to the minutes from the last FOMC meeting and a Treasury auction. Both of the relevant reports are scheduled for release late in the week, so the most movement in rates may come the latter part of the week. Th...

Friday's bond market has opened strong following the release of weaker than expected employment figures. The stock markets are reacting negatively to the news with the Dow down 85 points and the Nasdaq down 11 points. The bond market is currently up 20/32, which should improve this morning's mor...

Thursday's bond market has opened in positive territory following early stock losses and news of a surprisingly weak number of new unemployment claims. The stock markets are in negative ground with the Dow showing a 65 point loss and the Nasdaq losing 17 points. The bond market is currently up 1...

Mortgage interest rates increased during the week ended March 13, in some cases more than wiping out the substantial declines reported for the week ended March 6.According to Freddie Mac's Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) had an average rate of 6.13 percent, a...

Wednesday's bond market opened well in positive territory but has since given back part of those gains. The stock markets are showing losses after yesterday's huge rally. The Dow is currently down 25 points while the Nasdaq has fallen 15 points. The bond market is currently up 17/32, which should...