07-28-2026 “Song Sung Blue” But Not for Bonds
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Song Sung Blue sinking to a new low. Long slow bleed dripping from
bears’ billow.
Bonds love the Fed fighting inflation and tech improving productivity.
Regardless, the 10-yr yield remains stuck between 4.80 and 4.20.
With the bears pushing on support, volatility rises to stop the dam
from breaking. Contrary to media talking heads, Iran’s ability to
fight and economically thrive continues to fall. Remove two wars and
the bulls come roaring back. Expect wild moves over the next few
weeks.
And before you know it
you get to feelin’ good
you simply got no choice.
These views are mine. Join TMSpotlight to beat the blues.
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Song: Song Sung Blue (1972) Neil Diamond
NOTE TO ALL: Sign up to TMSpotlight by clicking this link: Sign up link to TMSpotlight
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.