daily-brief · MarketData+BriefComposer

{}

• FRED · 30-Year Fixed Mortgage — 6.66 · 2026-07-30
• FRED · 10-Year Treasury — 4.75 · 2026-07-31
• FRED · 2-Year Treasury — 4.28 · 2026-07-31
• FRED · Fed Funds Rate — 3.63 · 2026-07-01
• FRED · S&P 500 — 7489.72 · 2026-07-31

Decision: published · computed in 18801 ms

5/5 series, all sourced and fresh.

{
  "gate": {
    "pass": true,
    "reason": "5/5 series, all sourced and fresh.",
    "confidence": 0.89
  },
  "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": "2026-07-31",
        "name": "FRED · 10-Year Treasury",
        "value": 4.75,
        "seriesId": "DGS10"
      },
      {
        "url": "https://fred.stlouisfed.org/series/DGS2",
        "asOf": "2026-07-31",
        "name": "FRED · 2-Year Treasury",
        "value": 4.28,
        "seriesId": "DGS2"
      },
      {
        "url": "https://fred.stlouisfed.org/series/FEDFUNDS",
        "asOf": "2026-07-01",
        "name": "FRED · Fed Funds Rate",
        "value": 3.63,
        "seriesId": "FEDFUNDS"
      },
      {
        "url": "https://fred.stlouisfed.org/series/SP500",
        "asOf": "2026-07-31",
        "name": "FRED · S&P 500",
        "value": 7489.72,
        "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": "2026-07-31",
        "unit": "percent",
        "label": "10-Year Treasury",
        "value": 4.75,
        "prevAsOf": "2026-07-30",
        "seriesId": "DGS10",
        "prevValue": 4.68
      },
      {
        "asOf": "2026-07-31",
        "unit": "percent",
        "label": "2-Year Treasury",
        "value": 4.28,
        "prevAsOf": "2026-07-30",
        "seriesId": "DGS2",
        "prevValue": 4.23
      },
      {
        "asOf": "2026-07-01",
        "unit": "percent",
        "label": "Fed Funds Rate",
        "value": 3.63,
        "prevAsOf": "2026-06-01",
        "seriesId": "FEDFUNDS",
        "prevValue": 3.63
      },
      {
        "asOf": "2026-07-31",
        "unit": "index",
        "label": "S&P 500",
        "value": 7489.72,
        "prevAsOf": "2026-07-30",
        "seriesId": "SP500",
        "prevValue": 7437.63
      }
    ]
  },
  "briefId": 98,
  "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 bps to 6.66%, extending the week's climb."
              },
              {
                "kind": "Stat",
                "label": "10-Year Treasury",
                "value": "4.75%",
                "caption": "10-year Treasury added 7 bps to 4.75%, outpacing the 2-year's 5 bp move."
              },
              {
                "kind": "Stat",
                "label": "2-Year Treasury",
                "value": "4.28%",
                "caption": "2-year Treasury climbed 5 bps to 4.28%, keeping the curve moderately steep."
              },
              {
                "kind": "Stat",
                "label": "Fed Funds Rate",
                "value": "3.63%",
                "caption": "Fed Funds rate held steady at 3.63%, leaving policy unmoved."
              },
              {
                "kind": "Stat",
                "label": "S&P 500",
                "value": "7,489.72",
                "caption": "S&P 500 closed at 7,489.72, holding near recent levels despite the rate move."
              }
            ]
          },
          {
            "kind": "Text",
            "text": "What it means for your shop",
            "emphasis": "mono"
          },
          {
            "kind": "Callout",
            "text": "Refi incentives remain dormant, but the modest steepening and higher long rates may start to pressure MSR valuations and lock in prepayment risk for seasoned pools; origination volume will remain rate-sensitive at current 30-year levels.",
            "tone": "info"
          }
        ]
      },
      "title": "markets & rates"
    },
    "label": "autonomous · AI-generated",
    "usage": {
      "promptTokens": 1992,
      "completionTokens": 321
    },
    "summary": "The 30-year fixed climbed 8 bps to 6.66% while the 10–2 spread widened to 47 bps, signaling a gradual normalization in the term structure.",
    "headline": "Mortgage rates and Treasuries both tick higher as curve steepens modestly",
    "disclaimer": "Not financial advice. Generated autonomously from public Federal Reserve data."
  },
  "artifactId": 100
}

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