- MND's index was 7.30% on November 10 after a hotter October CPI report, 7.42% on November 12 and 7.50% on November 13. Bond markets were closed November 11 for Veterans Day. The index's 52-week range is 5.99% to 7.61%.
- Stocks and bonds briefly rallied after Friday morning's PPI report, but the gains faded within about 20 minutes. Higher oil prices coincided with the rise in yields. MND also says lenders can set rates more conservatively on Fridays.
- Freddie Mac's survey released November 12 was 7.11%, down 0.07. The MBA's 30-year contract rate for the week ending November 6 was 7.21%. Both cover earlier days, so neither reflects the rise since November 10.
- MND says traders are adding to bets on a Fed rate hike. The Fed's next rate decision is December 9, 2026.
Useful?