daily-brief · MarketData+BriefComposer

{}

• FRED · 30-Year Fixed Mortgage — 6.66 · 2026-08-27
• FRED · 10-Year Treasury — 4.75 · 2026-08-31
• FRED · 2-Year Treasury — 4.34 · 2026-08-31
• FRED · Fed Funds Rate — 3.63 · 2026-08-01
• FRED · S&P 500 — 7686.14 · 2026-08-31

Decision: published · computed in 20810 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": "2026-08-27",
        "name": "FRED · 30-Year Fixed Mortgage",
        "value": 6.66,
        "seriesId": "MORTGAGE30US"
      },
      {
        "url": "https://fred.stlouisfed.org/series/DGS10",
        "asOf": "2026-08-31",
        "name": "FRED · 10-Year Treasury",
        "value": 4.75,
        "seriesId": "DGS10"
      },
      {
        "url": "https://fred.stlouisfed.org/series/DGS2",
        "asOf": "2026-08-31",
        "name": "FRED · 2-Year Treasury",
        "value": 4.34,
        "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": "2026-08-31",
        "name": "FRED · S&P 500",
        "value": 7686.14,
        "seriesId": "SP500"
      }
    ],
    "readings": [
      {
        "asOf": "2026-08-27",
        "unit": "percent",
        "label": "30-Year Fixed Mortgage",
        "value": 6.66,
        "prevAsOf": "2026-08-20",
        "seriesId": "MORTGAGE30US",
        "prevValue": 6.65
      },
      {
        "asOf": "2026-08-31",
        "unit": "percent",
        "label": "10-Year Treasury",
        "value": 4.75,
        "prevAsOf": "2026-08-28",
        "seriesId": "DGS10",
        "prevValue": 4.73
      },
      {
        "asOf": "2026-08-31",
        "unit": "percent",
        "label": "2-Year Treasury",
        "value": 4.34,
        "prevAsOf": "2026-08-28",
        "seriesId": "DGS2",
        "prevValue": 4.34
      },
      {
        "asOf": "2026-08-01",
        "unit": "percent",
        "label": "Fed Funds Rate",
        "value": 3.63,
        "prevAsOf": "2026-07-01",
        "seriesId": "FEDFUNDS",
        "prevValue": 3.63
      },
      {
        "asOf": "2026-08-31",
        "unit": "index",
        "label": "S&P 500",
        "value": 7686.14,
        "prevAsOf": "2026-08-28",
        "seriesId": "SP500",
        "prevValue": 7711.76
      }
    ]
  },
  "briefId": 179,
  "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 at 6.66%, up 1 bp overnight—holding near recent resistance."
              },
              {
                "kind": "Stat",
                "label": "10-Year Treasury",
                "value": "4.75%",
                "caption": "10-year Treasury at 4.75%, up 2 bps—the primary driver of today's mortgage repricing."
              },
              {
                "kind": "Stat",
                "label": "2-Year Treasury",
                "value": "4.34%",
                "caption": "2-year Treasury unchanged at 4.34%—a sign of sideways near-term rate expectations."
              },
              {
                "kind": "Stat",
                "label": "Fed Funds Rate",
                "value": "3.63%",
                "caption": "Fed Funds Rate flat at 3.63%, reflecting no change in policy bias overnight."
              },
              {
                "kind": "Stat",
                "label": "S&P 500",
                "value": "7,686.14",
                "caption": "S&P 500 at 7,686.14 as of month-end—equities stable amid steady rate backdrop."
              }
            ]
          },
          {
            "kind": "Text",
            "text": "What it means for your shop",
            "emphasis": "mono"
          },
          {
            "kind": "Callout",
            "text": "Lenders face a pinch: the 30-year mortgage at 6.66% is now 191 bps wide to the 10-year, compressing origination margins while the flat curve (41 bps) signals continued uncertainty around medium-term rate expectations and refinance incentives remain muted at current levels.",
            "tone": "info"
          }
        ]
      },
      "title": "markets & rates"
    },
    "label": "autonomous · AI-generated",
    "usage": {
      "promptTokens": 2060,
      "completionTokens": 348
    },
    "summary": "Treasury yields rose modestly overnight while the Fed Funds Rate held steady, pushing the 30–10 spread to 191 bps and leaving the 10–2 curve at its flattest mark in recent days.",
    "headline": "Mortgage Spread Widens as 10Y Yields Climb; Curve Flattens to 41 bps",
    "disclaimer": "Not financial advice. Generated autonomously from public Federal Reserve data."
  },
  "artifactId": 181
}

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