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 [...]
MBS are down 13 bps on the open. 6.5 is down 19. Global equities posted modest moves at the start of a busy week of economic data and central bank meetings that will [...]
In today's financial update, UMBS 6.0 saw a 9 basis point decline in the morning, with the 5.5 and 5.0 performing better, raising hopes for them to return to profitability. The weakening of [...]
Popular UMBS coupons were flat on the morning. Lower coupon 5.5 is up a quarter point on the morning. Though still below 100. US equity contracts slid as traders pushed back on optimistic [...]
UMBS were down 20 bps to start the day. S&P futures down 15 pts Stocks and bonds retreated as traders pause after November’s blockbuster rally and debate the case for interest rate cuts. [...]
UMBS starting the day up 6 bps. US stock futures pointed to a muted Wall Street open as data showed a sharp slowdown in China’s industrial profits, reinforcing investor concerns about its sluggish [...]
UMBS are up 14 bps on the day. Not huge, but at least it's green. Bonds were already slightly stronger in the overnight session with most of the gains arriving with Tokyo's opening [...]
UMBS 6.5 are down 41 bps on the morning. Giving back about 1/2 of yesterday's gain in like an hour. Stocks were doing well though. Core m/m PPI = 0.0 vs 0.3 f'cast [...]