In today's mortgage market update, UMBS started the day down 52 bps, while S&P Futures gained 9 points. Bond markets remained relatively stable overnight but encountered sellers after the release of economic data. [...]
In today's update, Mortgage-Backed Securities (MBS) opened flat, up 6 bps, while S&P Futures gained 12.75 points. Overnight, bonds strengthened due to a rally in European bonds, but stocks held steady amid Israel [...]
Hot start to bonds this morning, up 45 bps. S&P Futures up .25 Cash bond trading was closed until 8pm ET last night, but global financial markets had already responded to news in [...]
MBS are up 13 bps this morning. Which is a nice change. S&P Futures are up 3.5 points. Though they are losing ground after another better-than-expected Jobless Claims report. Which is just feeding [...]
In today's mortgage update on October 4th, Mortgage-Backed Securities (MBS) opened flat but soon dipped 28 basis points from the day's high. Global sovereign bond yields continued their relentless upward trend, with the [...]
UMBS losing another 48 big bps this morning. S&P Futures down 26.75 Traders and analysts were all sitting in a circle and nodding their heads in approval as EU and US yields were [...]
In today's update on October 2nd, Mortgage-Backed Securities (UMBS) opened down 30 basis points, with S&P Futures down 7.25 points. The start of a new month and quarter saw a spike in 10-year [...]
In today's update on September 29th, Mortgage-Backed Securities (MBS) gained 16 basis points, with S&P futures up 30.25 points. European bonds strengthened due to low EU inflation and steep declines in German import [...]