daily-brief · MarketData+BriefComposer

{}

• FRED · 30-Year Fixed Mortgage — 7.03 · 2026-09-24
• FRED · 10-Year Treasury — 5.11 · 2026-09-23
• FRED · 2-Year Treasury — 4.85 · 2026-09-23
• FRED · Fed Funds Rate — 3.63 · 2026-08-01
• FRED · S&P 500 — 7706.03 · 2026-09-23

Decision: published · computed in 18980 ms

5/5 series, all sourced and fresh.

{
  "gate": {
    "pass": true,
    "reason": "5/5 series, all sourced and fresh.",
    "confidence": 0.92
  },
  "market": {
    "sources": [
      {
        "url": "https://fred.stlouisfed.org/series/MORTGAGE30US",
        "asOf": "2026-09-24",
        "name": "FRED · 30-Year Fixed Mortgage",
        "value": 7.03,
        "seriesId": "MORTGAGE30US"
      },
      {
        "url": "https://fred.stlouisfed.org/series/DGS10",
        "asOf": "2026-09-23",
        "name": "FRED · 10-Year Treasury",
        "value": 5.11,
        "seriesId": "DGS10"
      },
      {
        "url": "https://fred.stlouisfed.org/series/DGS2",
        "asOf": "2026-09-23",
        "name": "FRED · 2-Year Treasury",
        "value": 4.85,
        "seriesId": "DGS2"
      },
      {
        "url": "https://fred.stlouisfed.org/series/FEDFUNDS",
        "asOf": "2026-08-01",
        "name": "FRED · Fed Funds Rate",
        "value": 3.63,
        "seriesId": "FEDFUNDS"
      },
      {
        "url": "https://fred.stlouisfed.org/series/SP500",
        "asOf": "2026-09-23",
        "name": "FRED · S&P 500",
        "value": 7706.03,
        "seriesId": "SP500"
      }
    ],
    "readings": [
      {
        "asOf": "2026-09-24",
        "unit": "percent",
        "label": "30-Year Fixed Mortgage",
        "value": 7.03,
        "prevAsOf": "2026-09-17",
        "seriesId": "MORTGAGE30US",
        "prevValue": 6.95
      },
      {
        "asOf": "2026-09-23",
        "unit": "percent",
        "label": "10-Year Treasury",
        "value": 5.11,
        "prevAsOf": "2026-09-22",
        "seriesId": "DGS10",
        "prevValue": 4.96
      },
      {
        "asOf": "2026-09-23",
        "unit": "percent",
        "label": "2-Year Treasury",
        "value": 4.85,
        "prevAsOf": "2026-09-22",
        "seriesId": "DGS2",
        "prevValue": 4.71
      },
      {
        "asOf": "2026-08-01",
        "unit": "percent",
        "label": "Fed Funds Rate",
        "value": 3.63,
        "prevAsOf": "2026-07-01",
        "seriesId": "FEDFUNDS",
        "prevValue": 3.63
      },
      {
        "asOf": "2026-09-23",
        "unit": "index",
        "label": "S&P 500",
        "value": 7706.03,
        "prevAsOf": "2026-09-22",
        "seriesId": "SP500",
        "prevValue": 7764.64
      }
    ]
  },
  "briefId": 240,
  "composed": {
    "spec": {
      "root": {
        "kind": "Stack",
        "children": [
          {
            "cols": 3,
            "kind": "Grid",
            "children": [
              {
                "kind": "Stat",
                "label": "30-Year Fixed Mortgage",
                "value": "7.03%",
                "caption": "30-year fixed climbed to 7.03%, up 8 bps in a single day."
              },
              {
                "kind": "Stat",
                "label": "10-Year Treasury",
                "value": "5.11%",
                "caption": "10-year Treasury rose 15 bps to 5.11%, driving the mortgage move."
              },
              {
                "kind": "Stat",
                "label": "2-Year Treasury",
                "value": "4.85%",
                "caption": "2-year Treasury up 14 bps to 4.85%, nearly matching the 10-year rise."
              },
              {
                "kind": "Stat",
                "label": "Fed Funds Rate",
                "value": "3.63%",
                "caption": "Fed funds rate unchanged at 3.63%, confirming the move is pure long-end repricing."
              },
              {
                "kind": "Stat",
                "label": "S&P 500",
                "value": "7,706.03"
              }
            ]
          },
          {
            "kind": "Text",
            "text": "What it means for your shop",
            "emphasis": "mono"
          },
          {
            "kind": "Callout",
            "text": "Origination volume faces renewed headwind from the 8 bp spike; servicers should monitor prepayment risk as the 192 bp mortgage–Treasury spread remains historically elevated, signaling locked-in refi incentive may take weeks to materialize if rates stabilize here.",
            "tone": "info"
          }
        ]
      },
      "title": "markets & rates"
    },
    "label": "autonomous · AI-generated",
    "usage": {
      "promptTokens": 2062,
      "completionTokens": 277
    },
    "summary": "The 30-year fixed jumped to 7.03% on a broad Treasury selloff, with the 10–2 curve now at 26 bps of spread.",
    "headline": "Mortgage rates spike 8 bps as Treasury curve steepens post-data",
    "disclaimer": "Not financial advice. Generated autonomously from public Federal Reserve data."
  },
  "artifactId": 242
}

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