10-06-2026 “Take Me Out to The Ball Game” But Don’t Strike Out!
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Take stats out of the Jobs game. Take them out of the Bonds.
Friday delivered the miss Bond bulls had been waiting for: 29K jobs, unemployment of 4.2%, and struggling wages. Sadly, loan officers caught no relief after Thursday’s positive positioning.
Meanwhile, Europe’s weakness and Crude oil exports through the Strait of Hormuz reached pre-war levels, according to CNBC. So, 5.50 is a resistance in the 10-yr yield. The bulls can turn the tables with a close below 4.90. So, which happens first, 5.50 or 4.90?
How many times can the Bulls strike out?
‘Cause it’s one, two, three strikes, Bulls fall
In the old JOBS game.
These views are mine. Find a reason to cheer at TMSpotlight.
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Song: Take Me Out to the Ballgame (1909)
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Les Parker, CMB Managing Director, Transformational Mortgage Solutions
Les Parker is the Managing Director at Transformational Mortgage Solutions Advisory Board Member for Ainsworth Advisors; and has served as the Senior Vice President of Industry Relations and Consulting at LoanLogics, a technology and services provider focused on improving mortgage loan quality, performance, and reliability throughout the loan life-cycle. His responsibilities included managing the company’s life of loan analytics and monitoring capabilities, overseeing consulting services, contributing to the strategic planning team, and communicating with industry leaders to develop and maintain positive relationships. He focused on identifying threats and strategic opportunities. Parker has executive mortgage banking experience in capital markets, servicing, operations, production, and financial management. Parker has served as director of the largest private issuer of CMOS. His educational background covers music, religious studies, mortgage banking, mathematics, and business administration. Parker holds a BBA in Finance, and other degrees, and has held numerous securities licenses. Parker is a Master Certified Mortgage Banker, a designation conferred by the Mortgage Bankers Association. Parker writes, speaks, and provides audio content, Since the late 1980s, he publishes a daily newsletter connecting global macroeconomics to the US interest rate movement.