Mortgage Market Week in Review – Week of 3.24.23
Monday - March 20, 2023 MBS down 9 bps to start the week. Treasuries hit their lowest yields since September right at the start of the European trading session as the UBS takeover [...]
What’s up in Mortgage Today – 3.24.23
Wild morning on the bond market. MBS now down 2 bps. Though there was 26 bps of movement (both directions) to get here. Back to "Zero Days" Without a Systemic Banking Contagion Flare-Up. [...]
What’s up in Mortgage Today – 3.23.23
UMBS are up 8 bps and S&P up 37 points. Bonds began the overnight session drifting very gently stronger but began losing ground during European trading hours. Several central banks hiked rates as [...]
31 Laws – Second 5
Reading Notes for: Peter Diamandis’ 32 Laws 6. When forced to compromise, ask for more. 7. If it’s worth doing, it’s got to be done right now. Perfect is the [...]
What’s up in Mortgage Today – 3.22.23
MBS off 20 bps early.....again. It was a boring trading session in both Asia and Europe. The latter say a bit of an additional "risk-on" move with EU stocks and bond yields moving [...]
What’s up in Mortgage Today – 3.8.23
MBS -.27 on the open. 10y is up 10 bps. Bonds were moderately to sharply weaker in the overnight session, led by a risk-on trade in Europe. The absence of new drama in [...]
31 Laws – First 5
Reading Notes for: Peter Diamandis’ 32 Laws If anything can go wrong, Fix It!!… to hell with Murphy! From the interview with Peter than spawned this blog series, [...]
What’s up in Mortgage Today – 3.20.23
MBS down 9 bps to start the week. Treasuries hit their lowest yields since September right at the start of the European trading session as the UBS takeover of Credit Suisse was initially [...]