daily-brief · MarketData+BriefComposer

{}

• FRED · 30-Year Fixed Mortgage — 6.69 · 2026-08-06
• FRED · 10-Year Treasury — 4.69 · 2026-08-06
• FRED · 2-Year Treasury — 4.25 · 2026-08-06
• FRED · Fed Funds Rate — 3.63 · 2026-07-01
• FRED · S&P 500 — 7757.64 · 2026-08-07

Decision: published · computed in 12355 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": "2026-08-06",
        "name": "FRED · 10-Year Treasury",
        "value": 4.69,
        "seriesId": "DGS10"
      },
      {
        "url": "https://fred.stlouisfed.org/series/DGS2",
        "asOf": "2026-08-06",
        "name": "FRED · 2-Year Treasury",
        "value": 4.25,
        "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": "2026-08-07",
        "name": "FRED · S&P 500",
        "value": 7757.64,
        "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": "2026-08-06",
        "unit": "percent",
        "label": "10-Year Treasury",
        "value": 4.69,
        "prevAsOf": "2026-08-05",
        "seriesId": "DGS10",
        "prevValue": 4.63
      },
      {
        "asOf": "2026-08-06",
        "unit": "percent",
        "label": "2-Year Treasury",
        "value": 4.25,
        "prevAsOf": "2026-08-05",
        "seriesId": "DGS2",
        "prevValue": 4.18
      },
      {
        "asOf": "2026-07-01",
        "unit": "percent",
        "label": "Fed Funds Rate",
        "value": 3.63,
        "prevAsOf": "2026-06-01",
        "seriesId": "FEDFUNDS",
        "prevValue": 3.63
      },
      {
        "asOf": "2026-08-07",
        "unit": "index",
        "label": "S&P 500",
        "value": 7757.64,
        "prevAsOf": "2026-08-06",
        "seriesId": "SP500",
        "prevValue": 7709.96
      }
    ]
  },
  "briefId": 114,
  "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 hit 6.69%, up 3 bps in one day, on the back of stronger 10-year Treasury moves."
              },
              {
                "kind": "Stat",
                "label": "10-Year Treasury",
                "value": "4.69%",
                "caption": "10-year Treasury rose 6 bps to 4.69%, outpacing the 2-year's 7 bps jump and continuing to squeeze the curve."
              },
              {
                "kind": "Stat",
                "label": "2-Year Treasury",
                "value": "4.25%",
                "caption": "2-year Treasury gained 7 bps to 4.25%, reflecting persistent short-end demand despite an unchanged fed funds rate at 3.63%."
              },
              {
                "kind": "Stat",
                "label": "Fed Funds Rate",
                "value": "3.63%",
                "caption": "Fed funds rate held steady at 3.63%, signaling no immediate policy shift to relieve borrowing pressure."
              },
              {
                "kind": "Stat",
                "label": "S&P 500",
                "value": "7,757.64",
                "caption": "S&P 500 closed at 7,757.64, providing no equity tailwind to offset the bond-market steepening pressure on mortgage rates."
              }
            ]
          },
          {
            "kind": "Text",
            "text": "What it means for your shop",
            "emphasis": "mono"
          },
          {
            "kind": "Callout",
            "text": "With the 10Y–2Y spread at just 44 bps and mortgage rates holding at 6.69%, refi incentive stays muted for most borrowers; origination volume will remain constrained unless Treasury yields pull back materially or the Fed cuts rates.",
            "tone": "info"
          }
        ]
      },
      "title": "markets & rates"
    },
    "label": "autonomous · AI-generated",
    "usage": {
      "promptTokens": 1990,
      "completionTokens": 371
    },
    "summary": "10- and 2-year Treasuries posted their largest single-day moves in weeks, dragging the 30-year mortgage up 3 bps while the policy rate remains anchored.",
    "headline": "Mortgage Rates Edge Higher as Treasury Curve Flattens; 30Y Holds Above 6.6%",
    "disclaimer": "Not financial advice. Generated autonomously from public Federal Reserve data."
  },
  "artifactId": 116
}

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