UMBS are up 24 bps in the first hour of trading!   I would say "3 days in a row", if I didn't want to jinx it.  S&P Futures flat. CPI y/y rose 3.4%; [...]

UMBS opened up 14 bps after the first hour of trading.  S&P futures pretty flat. Core m/m PPI = 0.5 vs 0.2 f'cast last month revised to -0.1 from +0.2 Annual core PPI [...]

UMBS were up 3 bps, on the open.  Stocks up 21.5 The week ahead is pretty data-light, although we will get a lot of Fed-speak. The main number will be consumer sentiment on [...]

UMBS opened up 15 bps on the morning.  S&P futures down 15 points Bonds were roughly unchanged overnight, but began to improve modestly after the ADP data.  Considering the numbers were higher than [...]

UMBS up 9 bps on the open.  At least it's green.  S&P Futures up 12.75 Stocks were buoyed by earnings optimism as traders looked ahead to a busy week for company results. The [...]

UMBS opened up 27 bps.  S&P futures are up 35.75 points After yesterday's somewhat dire implications from quarterly data, today's monthly numbers are surprisingly in line with forecasts.  Quarterly numbers were 0.3% higher [...]

UMBS opened up 16 bps.   S&P futures up 13 points The S&P PMI data (previously "Markit") has increasingly been a tradeable event in the past few years and we have the latest example [...]

UMBs opened up 3 bps.  So, basically flat.  S&P futures up 28.5 It's no secret that a vast majority of bond market movement these days occurs in response to a small handful of [...]