30-Yr. Rates Back to 5%
Busy day — I’ll catch up to the “news cycle” tonight.
However, in the mean time, just a hunch 🙂 that there’s a link between unemployment numbers coming in better than expected, and 30-year rates going over 5% for the first time in several weeks.
Haven’t seen any commentary dissecting whether the numbers are actually good, or mask negatives (as is often the case).
I’ll have to see what the “usual [blogosphere] suspects” say before I weigh in . . ..