UMBS starting the day in the red. Down 11 bps on the 6.0. 5.5 is down 17. The S&P 500 traded just a few points away from its all-time peak on Thursday, extending [...]
UMBS were in the green early. 6.0 coupon is up 11 bps. 5.5 is up 22 bps. US equity futures were steady, with an all-time high this year firmly in sight amid optimism [...]
Tuesday - December 26, 2023 Back at it after the holiday. The 6.0 coupon were down 5 bps early. 5.5 was flat. 6.5 was up 16 bps. Markets are still digesting the data [...]
In today's mortgage market update, we observed modest gains as MBS (Mortgage-Backed Securities) displayed some positive movements, with the 6.0 coupon rising by 8 basis points and the 5.5 coupon by 2 basis [...]
UMBS 6.0 was flat. The 5.5 coupon was up 6 bps in the first hour of trading. Bond pricing is slightly improved this morning as treasury yields continue to inch lower. The U.S. [...]
UMBS were down 11 bps on the morning. Bonds were almost perfectly flat overnight with 10s trading in a narrow range between 3.89 and 3.93. The first discernible move of the day arrived [...]
UMBS were up 16 bps on the morning. Bonds were sideways to slightly stronger in the overnight session, with no noticeable follow-through to yesterday's CPI reaction. This morning's producer price index (PPI) is [...]