Updated on January 24, 2022 10:08:51 AM EST
There is nothing of importance scheduled for release today, the only day without at least one item. Today’s early bond gains may be tied to the escalating situation in Ukraine with a Russian incursion looking more like a possibility as each day passes. Generally speaking, military conflicts, even globally, tend to boost bond prices as investors seek safe-haven. As bond prices rise, yields and mortgage rates move lower. We often see stocks lose ground at the same time also.