Hedge fund billionaire Ken Griffin shares his views on President Donald Trump and political giving. Sonali Basak, Bloomberg's Global Finance Correspondent, interviewed Griffin in May 2025 in Miami for Bullish, a new series from Bloomberg that reveals the high-stakes world of finance as seen by its t

April 3rd and 4th saw the average top tier 30yr fixed mortgage rates well into the "mid 6's."  Many lenders were able to quote 6.5% at the time.  Just a few days ago, we noted there was still a ways to go before breaking below those early April levels, but the past few days have taken us within striking distance.  The average lender is now only 0.07% higher than they were on April 4th and that's a gap that can be traversed in as little as one day under the right circumstances. If it is destined to be traversed in the near feature, it would likely be due to exceptional weakness in the forthcoming economic data--especially Thursday's big jobs report.  Conversely, if this week's economic data surprises to the upside, it would likely coincide with rates bouncing here and headline back into the recent range. And lastly, if this week's data doesn't cast a decisive vote in either direction, next week's inflation reports could easily break the tie. The most interesting aspect of today's movement was the movement itself.  It didn't happen due to any interesting data or news headlines.  Both stocks and bonds (which dictate rates) improved as traders moved portfolios into position for the end of the month/quarter.  This can cause market movement independent of economic data/news. 

Have you passed by this building before? It’s the Lane County Public Service building in downtown Eugene, which is connected to the Lane County Courthouse. Both buildings were designed in the late 1970s by Unthank Seder and Poticha, the firm co-founded by one of Oregon’s most celebrated architects,

Do you know York? York was the only African American member of the Lewis and Clark Expedition. Although he was enslaved by William Clark, York experienced an uncommon amount of freedom while in the Oregon Country. York proved that he was just as capable as any of the Expedition’s white explorers.

Get a jump start on the US trading day with Matt Miller, Katie Greifeld and Sonali Basak on "Bloomberg Open Interest." JPMorgan is raising its Sapphire Reserve fee to nearly $800 as credit card wars heat up. Plus, Jetblue is struggling thanks to softer-than-anticipated travel demand. The carrier is

Stop letting noise run your day. 📉 Top agents win because they focus on what they can control — NOT rates, NOT predictions, NOT internet strangers, and definitely NOT the drama cycle. Control your actions. Control your skills. Control your schedule. That’s where the money is. 💰🔥 **************

CONTENT WARNING: This program includes readings of legislation, articles, and documents from the 1800s. Racist language was common and abundant, and is read here as an illustration of the rampant racism of the day, and what people of color were regularly facing. Please watch with care. In 1862, Ore

New York City Comptroller Brad Lander, who is running in next week’s Democratic primary for mayor, was detained by US Immigration and Customs Enforcement agents Tuesday outside of immigration court in lower Manhattan Tuesday. -------- More on Bloomberg Television and Markets Like this video? S

Mid Day Reversal Leaves Bonds Slightly Stronger This morning, we noted the lightness of the selling pressure that took bonds into modestly weaker territory. It turns out it was so light that it was easy for bond buyers to get back on top un the afternoon hours. There was a bit of help from the Fed's much-anticipated announcement of a change to banking rules that will effectively allow banks to hold more Treasuries than before.  This wasn't a big market mover and its impacts would play out in the background over time, but it did seem to help to the tune of a bp or two today. With that, yields hit the 3pm close at their lowest  levels since May 7th, just barely edging out yesterday's marks.  Econ Data / Events New Home Sales 623k vs 690k f'cast, 743k prev Market Movement Recap 09:54 AM Flat overnight and modestly weaker just before the open.  MBS down 3 ticks (.09) and 10yr up 2.9bps at 4.321 12:51 PM Decent rally ahead of 5yr Treasury auction.  10yr up only 1.3bps at 4.305.  MBS down only 1 tick (.03). 01:43 PM No major response to 5yr auction.  10yr yields up 2bps at 4.312.  MBS down 2 ticks (.06). 03:45 PM Best levels of the day with MBS up 2 ticks (.06) and 10yr down nearly 1bp at 4.284

Look who Zachary found at the Alsea Bay Interpretive Center! Louis Southworth was enslaved when he was brought to Oregon, but he earned enough money playing the fiddle to eventually purchase his own freedom. Louis is one of Walport’s most famous local residents, with a statue, a road, and soon, a