"The Fed's favored gauge of inflation, Core PCE, came in at a scorching 4.7% annual rate, the highest since Ronald Reagan was President," he notes. "There are many fundamental events to track-Omicron, BBB, Fed rate hikes, tapering and more. Technically - these themes will determine which side of the 200-day Moving Average, the 10-yr yield will reside."
Watch the video below to find out what this all means to you, your clients, realtors and builders.