Tuesday - June 9, 2024 UMBS are flat on the open. Technically up 1 bps, but whatever. Yields rose microscopically in the overnight session, but even that is a generous assessment considering the [...]
UMBS up 5 bps on the morning. Small but at least it's green. S&P futures up 1.75 points. Calm returned to markets as traders saw positive implications from an inconclusive French election outcome [...]
Nnnnice, UMBS are up 24 bps in the first hour of trading. Should lead to a little better looking rate sheets today. S&P futures are down 3.75 points Bonds were essentially flat in [...]
UMBS opened down 15 bps in the first hour of trading. S&P Futured up 13.75 Bonds began the day in slightly weaker territory and continued selling--somewhat abruptly--at the 8:20am CME open. There continue [...]
UMBS are up 5 bps on the open. Though down 6 bps from the highs on the day. S&P futures are up 23.5 points Last night was the first US Presidential Debate. I [...]
UMBS opened the day UP 10 bps. WooHoo. It's not a lot - but at least it's green. S&P Futures down 2.25 Jobless Claims = 233k vs 236k f'cast, [239k prev] Continued Claims [...]
UMBS have opened down 9 bps on the morning, so far. S&P Futures are flat. The absence of relevant bond market movers has been a theme all week. Wall Street's tech rally, led [...]
UMBS are flat on the morning. Which is actually a .08 improvement. Bonds had been moderately stronger overnight, following EU bonds on weaker EU PMI data. But obviously, US PMIs didn't follow suit. [...]