More Money, More Problems When national debts have once been accumulated to a certain degree, there is scarce, I believe, a single instance of their having been fairly and completely paid - Adam [...]
UMBS opened UP 2 bps. S&P futures up 14.5 points Durable Goods Orders = 0.7% vs -0.8% f'cast [2.6% Prev] If there were any remaining doubts regarding the relevance of Durable Goods as [...]
UMBS pushing into the green, up 14 bps, in the first hour of trading. Wall Street was poised to open steady on Tuesday as traders retreated to the sidelines ahead of results from [...]
UMBS opened down 5 bps today. S&P futures up 9.5 points. The week ahead won't have much in the way of market-moving data, although we will get quite a bit of Fed-speak. We [...]
UMBS opened Tuesday up 14 bps. Stock futures flat US equity futures pointed to a pause for Wall Street’s rally fueled by optimism that the Federal Reserve will start cutting interest rates this [...]
UMBS opened down 11 quick basis points. Bonds were weaker in the overnight session on a combination of anxiety over potential Treasury selling in Japan and stronger data in Europe. Comments from an [...]