Poor economic growth has not bolstered investors with global central banks aggressively tightening monetary policy to fight inflation.
The latest few months highlight the trend of the United States resurgence suffering. Key data revealed mixed results throughout the economy.
After last year's partial economic shutdown, the outstanding economic rebound slows its growth while inflation explodes, leading to worry.
While it was a relatively quiet week for mortgage markets, rising inflation concerns increase as analysts see promising results.