UMBS opened down 16 bps and Stocks futures down 4.5 In general, there was some optimism heading into yesterday's CPI and while it briefly seemed to have been justified (in the first few [...]
UMBS opened down 13 bps The bond market was definitely hoping for some love after last month's CPI hit so hard, but alas... no love. Underlying US inflation topped forecasts for a second [...]
UMBS opened down 16 bps. Contracts on the S&P 500 and Nasdaq 100 traded around flat, though chipmakers — at the forefront of the recent rally — rose in premarket trading. Both US [...]
UMBS down 6 bps early. Once upon a time, the bond market was more willing to react to the Durable Goods data, but the impact has been dwindling in recent years as a [...]
UMBS flat on the open - down 3 bps. The big number this week will be the Personal Income and Outlays report on Thursday. The report contains the PCE Price Index, which is [...]
UMBS up 2 bps on the open. Futures on the S&P 500 and Nasdaq 100 are pointing to a down day when Wall Street reopens after Monday’s public holiday. Nvidia Corp. declined in [...]
UMBS down 33 bps on the open. Ouch. M/M Core PPI = 0.5 vs 0.1 f'cast [-0.1 prev] Y/Y Core PPI = 2.0 vs 1.6 f'cast, [1.8 prev] This is a huge miss [...]