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 [...]
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We were hoping for a bounce today. Did not get it. UMBS were down 4 bps after the first hour of trading today. Inflation at the wholesale level rose 0.2% in March and 2.1% YOY, [...]
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