daily-brief · MarketData+BriefComposer

{}

• FRED · 30-Year Fixed Mortgage — 6.69 · 2026-08-06
• FRED · 10-Year Treasury — 4.63 · 2026-08-05
• FRED · 2-Year Treasury — 4.18 · 2026-08-05
• FRED · Fed Funds Rate — 3.63 · 2026-07-01
• FRED · S&P 500 — 7723.55 · 2026-08-05

Decision: published · computed in 15376 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": "2026-08-06",
        "name": "FRED · 30-Year Fixed Mortgage",
        "value": 6.69,
        "seriesId": "MORTGAGE30US"
      },
      {
        "url": "https://fred.stlouisfed.org/series/DGS10",
        "asOf": "2026-08-05",
        "name": "FRED · 10-Year Treasury",
        "value": 4.63,
        "seriesId": "DGS10"
      },
      {
        "url": "https://fred.stlouisfed.org/series/DGS2",
        "asOf": "2026-08-05",
        "name": "FRED · 2-Year Treasury",
        "value": 4.18,
        "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": "2026-08-05",
        "name": "FRED · S&P 500",
        "value": 7723.55,
        "seriesId": "SP500"
      }
    ],
    "readings": [
      {
        "asOf": "2026-08-06",
        "unit": "percent",
        "label": "30-Year Fixed Mortgage",
        "value": 6.69,
        "prevAsOf": "2026-07-30",
        "seriesId": "MORTGAGE30US",
        "prevValue": 6.66
      },
      {
        "asOf": "2026-08-05",
        "unit": "percent",
        "label": "10-Year Treasury",
        "value": 4.63,
        "prevAsOf": "2026-08-04",
        "seriesId": "DGS10",
        "prevValue": 4.63
      },
      {
        "asOf": "2026-08-05",
        "unit": "percent",
        "label": "2-Year Treasury",
        "value": 4.18,
        "prevAsOf": "2026-08-04",
        "seriesId": "DGS2",
        "prevValue": 4.2
      },
      {
        "asOf": "2026-07-01",
        "unit": "percent",
        "label": "Fed Funds Rate",
        "value": 3.63,
        "prevAsOf": "2026-06-01",
        "seriesId": "FEDFUNDS",
        "prevValue": 3.63
      },
      {
        "asOf": "2026-08-05",
        "unit": "index",
        "label": "S&P 500",
        "value": 7723.55,
        "prevAsOf": "2026-08-04",
        "seriesId": "SP500",
        "prevValue": 7736.52
      }
    ]
  },
  "briefId": 106,
  "composed": {
    "spec": {
      "root": {
        "kind": "Stack",
        "children": [
          {
            "cols": 3,
            "kind": "Grid",
            "children": [
              {
                "kind": "Stat",
                "label": "30-Year Fixed Mortgage",
                "value": "6.69%",
                "caption": "30-year fixed mortgage stands at 6.69%, up 3 bps in one day."
              },
              {
                "kind": "Stat",
                "label": "10-Year Treasury",
                "value": "4.63%",
                "caption": "10-year Treasury flat at 4.63%, keeping long-end anchored."
              },
              {
                "kind": "Stat",
                "label": "2-Year Treasury",
                "value": "4.18%",
                "caption": "2-year Treasury down 2 bps to 4.18%, deepening the curve."
              },
              {
                "kind": "Stat",
                "label": "Fed Funds Rate",
                "value": "3.63%",
                "caption": "Fed Funds Rate holds at 3.63%, unchanged from prior read."
              },
              {
                "kind": "Stat",
                "label": "S&P 500",
                "value": "7,723.55"
              }
            ]
          },
          {
            "kind": "Text",
            "text": "What it means for your shop",
            "emphasis": "mono"
          },
          {
            "kind": "Callout",
            "text": "With the 30-year fixed now at 6.69% and the 10–2 curve normalizing to 45 bps, refinance volume will remain subdued and prepay risk modest; servicers face a continued low-refi, higher-duration MSR environment.",
            "tone": "info"
          }
        ]
      },
      "title": "markets & rates"
    },
    "label": "autonomous · AI-generated",
    "usage": {
      "promptTokens": 1990,
      "completionTokens": 270
    },
    "summary": "The 10–2 curve steepens to 45 bps while the primary mortgage rate climbs 3 basis points, pushing the refi incentive lower.",
    "headline": "Mortgage spread widens to 206 bps as 30-year fixed edges past 6.69%",
    "disclaimer": "Not financial advice. Generated autonomously from public Federal Reserve data."
  },
  "artifactId": 108
}

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