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See also: Mortgage Tidbits (below).
Later today: We'll unpack the unintuitive link between oil prices and mortgage costs.
Later today: We'll unpack the unintuitive link between oil prices and mortgage costs.
While markets hoped for clarity on the U.S. jobs market, Tuesday’s unemployment and nonfarm payroll data continued to muddy the waters. U.S. retail sales and PMI were equally anemic, piling on the doubts about where the economy is headed next.
In periods dominated by uncertainty, bond yields customarily soften, and Tuesday confirmed this pattern once more.
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