Strong Jobs Report Shakes Markets

In this week’s Master the Markets, Bill Bodnar breaks down the implications of a strong jobs report. While great for homebuyers, it’s adding pressure to mortgage rates, with the bond market looking like they can break 4.75% level on the 10-year Treasury yield. If this threshold is crossed, it could spell trouble for rates—echoing the theme of a classic Led Zeppelin hit. Can you guess which one Bill references?
Bill also previews the week ahead, with key CPI and PPI inflation data poised to drive market trends. What’s next for rates, and what does it mean for mortgage professionals? Tune in for Bill’s expert insights.