09/02/2026
The Fed did the Bond Market no favors
Well, I sure was optimistic about what we might hear coming out of the Fed’s Jackson Hole meeting. Then the Fed Chair took to the mic. Be prepared for a possible rate hike after the Fed’s upcoming September 16th meeting. Mortgage rates moved up slightly following the comments. And when I say rates moved up “slightly,” that’s a fairly generic explanation because…...
Well, I sure was optimistic about what we might hear coming out of the Fed’s Jackson Hole meeting. Then the Fed Chair took to the mic. Be prepared for a possible rate hike after the Fed’s upcoming …