04/10/2024
CHECK OUT TODAY'S MARKET UPDATE FROM GUILD MORTGAGE Guild Mortgage Yakima
Tomorrow, we will see another important inflation report: The Producer Price Index for March. If tomorrow’s PPI comes out lower than the 2.3% annual prediction, this could lead the markets to view today’s CPI stalling as only a blip and inflation pressures may be continuing to subside. If investors have this view tomorrow morning, this would lead to a rally in the bond markets, pushing bond prices higher and pushing bond yields lower. This may not offset all of today’s sell off, but this is possible, depending if tomorrow’s number contradicts or supports today’s report indicating that inflation pressures are not continuing to decline.
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***This Market Update and similar such communications are for informational purposes only and are based on publicly available information. These materials are general communications, which are not impartial, and are provided solely for discussion purposes, and not in connection with any product or service offering. The opinions and views expressed in this Market Update are as of the date of this communication and are subject to change. Any forward-looking views and statements contained in this Market Update are based on current estimates or expectations of future events or results. Actual results may differ materially from those described in this Market Update. The views expressed in this communication should not be attributed to Guild Mortgage Company as a whole and may not be reflected in the strategies and products offered by Guild Mortgage Account.***