Good news pertaining to interest rates

Although last week’s trading schedule was shortened due to the Thanksgiving holiday, Bonds finally made some moves to be thankful about, helping home loan rates improve by about .125%. The most notable news of the week was the release of the Federal Reserve’s last set of “meeting minutes”, the play by play of discussion during the last Fed meeting. It appears that more than a few members of the Fed feel that inflation is controlled, and the cycle of rate hikes may be coming to a close soon. These comments were welcomed by both Stock and Bond Traders, and brought an across the board rally on the upbeat news.