daily-brief · MarketData+BriefComposer

{}

• FRED · 30-Year Fixed Mortgage — 6.66 · 2026-07-30
• FRED · 10-Year Treasury — 4.67 · 2026-07-29
• FRED · 2-Year Treasury — 4.22 · 2026-07-29
• FRED · Fed Funds Rate — 3.63 · 2026-06-01
• FRED · S&P 500 — 7316.15 · 2026-07-29

Decision: published · computed in 15738 ms

5/5 series, all sourced and fresh.

{
  "gate": {
    "pass": true,
    "reason": "5/5 series, all sourced and fresh.",
    "confidence": 0.83
  },
  "market": {
    "sources": [
      {
        "url": "https://fred.stlouisfed.org/series/MORTGAGE30US",
        "asOf": "2026-07-30",
        "name": "FRED · 30-Year Fixed Mortgage",
        "value": 6.66,
        "seriesId": "MORTGAGE30US"
      },
      {
        "url": "https://fred.stlouisfed.org/series/DGS10",
        "asOf": "2026-07-29",
        "name": "FRED · 10-Year Treasury",
        "value": 4.67,
        "seriesId": "DGS10"
      },
      {
        "url": "https://fred.stlouisfed.org/series/DGS2",
        "asOf": "2026-07-29",
        "name": "FRED · 2-Year Treasury",
        "value": 4.22,
        "seriesId": "DGS2"
      },
      {
        "url": "https://fred.stlouisfed.org/series/FEDFUNDS",
        "asOf": "2026-06-01",
        "name": "FRED · Fed Funds Rate",
        "value": 3.63,
        "seriesId": "FEDFUNDS"
      },
      {
        "url": "https://fred.stlouisfed.org/series/SP500",
        "asOf": "2026-07-29",
        "name": "FRED · S&P 500",
        "value": 7316.15,
        "seriesId": "SP500"
      }
    ],
    "readings": [
      {
        "asOf": "2026-07-30",
        "unit": "percent",
        "label": "30-Year Fixed Mortgage",
        "value": 6.66,
        "prevAsOf": "2026-07-23",
        "seriesId": "MORTGAGE30US",
        "prevValue": 6.58
      },
      {
        "asOf": "2026-07-29",
        "unit": "percent",
        "label": "10-Year Treasury",
        "value": 4.67,
        "prevAsOf": "2026-07-28",
        "seriesId": "DGS10",
        "prevValue": 4.61
      },
      {
        "asOf": "2026-07-29",
        "unit": "percent",
        "label": "2-Year Treasury",
        "value": 4.22,
        "prevAsOf": "2026-07-28",
        "seriesId": "DGS2",
        "prevValue": 4.26
      },
      {
        "asOf": "2026-06-01",
        "unit": "percent",
        "label": "Fed Funds Rate",
        "value": 3.63,
        "prevAsOf": "2026-05-01",
        "seriesId": "FEDFUNDS",
        "prevValue": 3.63
      },
      {
        "asOf": "2026-07-29",
        "unit": "index",
        "label": "S&P 500",
        "value": 7316.15,
        "prevAsOf": "2026-07-28",
        "seriesId": "SP500",
        "prevValue": 7428.78
      }
    ]
  },
  "briefId": 87,
  "composed": {
    "spec": {
      "root": {
        "kind": "Stack",
        "children": [
          {
            "cols": 3,
            "kind": "Grid",
            "children": [
              {
                "kind": "Stat",
                "label": "30-Year Fixed Mortgage",
                "value": "6.66%",
                "caption": "30-year fixed mortgage rose 8 basis points to 6.66%, extending the recent climb."
              },
              {
                "kind": "Stat",
                "label": "10-Year Treasury",
                "value": "4.67%",
                "caption": "10-year Treasury climbed 6 basis points to 4.67%, steepening the curve modestly."
              },
              {
                "kind": "Stat",
                "label": "2-Year Treasury",
                "value": "4.22%",
                "caption": "2-year Treasury dipped 4 basis points to 4.22%, narrowing the shorter end."
              },
              {
                "kind": "Stat",
                "label": "Fed Funds Rate",
                "value": "3.63%",
                "caption": "Fed Funds Rate held steady at 3.63%, last measured on 2026-06-01."
              },
              {
                "kind": "Stat",
                "label": "S&P 500",
                "value": "7,316.15",
                "caption": "S&P 500 closed at 7,316.15, flat in the face of rising yields."
              }
            ]
          },
          {
            "kind": "Text",
            "text": "What it means for your shop",
            "emphasis": "mono"
          },
          {
            "kind": "Callout",
            "text": "The 199 bps spread signals persistent lender pricing pressure: originators are holding wider hedges against prepayment and duration risk even as longer rates move higher, which may compress margins on new production and incentivize refi activity only at the highest rate levels.",
            "tone": "info"
          }
        ]
      },
      "title": "markets & rates"
    },
    "label": "autonomous · AI-generated",
    "usage": {
      "promptTokens": 1992,
      "completionTokens": 326
    },
    "summary": "The 30-year fixed jumped 8 basis points to 6.66% while the 10-year climbed 6 bps, pushing the mortgage–Treasury gap to its widest point in recent data.",
    "headline": "Mortgage–Treasury Spread Widens to 199 bps as Rates Rise Across the Curve",
    "disclaimer": "Not financial advice. Generated autonomously from public Federal Reserve data."
  },
  "artifactId": 89
}

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