Many people are turning to the plethora of free software like Zoom for virtual meetings, conferences, and basic human interaction. Early this week my family played Pictionary using the Zoom ‘whiteboard’ function and a pictionary random word generator. If you prefer more complicated or resource driven games try the link above!

10 Year US Treasury Day Trading Range – Rolling Quarter

Rates – continue to be volatile as lenders and investors price in the risk of unemployment, foreclosure, and forbearance. The correlation between the 10 year & mortgage rates is eroding as the Fed gobbles up MBS & Treasury bonds.

Government – a $2T stimulus package bill was agreed on this week.. Check this calculator to find out how much you might receive from the recent bill (basically $1,200 per person + $500 per child). Also included in the package:

Filings for U.S. unemployment benefits climb to 3.28 million amid virus fallout

Jobs – the number of people filing for unemployment for the first time spiked to 3.3M which is 5.5X higher than it was during the previous recession. Granted the circumstances are understandably different as the layoffs were generated by government imposed closures & social distancing policies levied in response to Covid-19.

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