Oh what a day. UMBS opened up 31 bps on the day. S&P futures are up 12 points Bonds were remarkably calm overnight, given the volatility that's dominated the average overnight session recently. [...]
Wednesday - November 6, 2024 UMBS getting SMOKED in the morning. UMBS down 60 bps early. Stocks up 124.75 Donald Trump’s victory in the US presidential election unleashed a shockwave in global markets [...]
Monday - October 4, 2024 UMBS opened up 38 bps. Nice! S&P futures are up 7.5 points. The upcoming week won't have a lot of important economic data, but we have the election [...]
Wednesday - October 30, 2024 Flat open for UMBS. Up 2 bps in the first hour of trading. S&P futures up 3.25 points The prevailing sentiment heading into this week's payroll counts (ADP [...]
Monday - October 28, 2024 UMBS are in the red - again - to open the day. Down 6 bps. Stock futures are up 22.5 points. No real economic data on the morning. [...]
Wednesday - October 23, 2024 UMBS were - again - down big in the morning. Down 24 bps in the first hour. S&P futures down 14 bps. Bonds began the day in weaker [...]
Tuesday - October 22, 2024 UMBS are up 6 bps on open. Not nearly enough, after yesterday. But at least it's green. S&P stock futures are down 23 points. The index of leading [...]