MBS opened down 47bps and were 8bps lower when noted. Stocks rose 21 points. The Jackson Hole Summit next week will focus on China's real estate decline and the US economy's strength. Jerome [...]

Mortgage rates hit a 20-year high on Thursday as bonds sold off. The 30-year fixed-rate mortgage averaged 5.51%, up from 5.39% the previous week. The 15-year fixed-rate mortgage averaged 4.75%, up from 4.63%. [...]

MBS up 5 bps on the morning. At least it's green!! Stocks in the red, down 31 points Bonds were already modestly weaker in the overnight session but started losing more ground after [...]

MBS taking a hit early. Down a quarter point in early trading. Stocks down about 9 points. Bonds were almost perfectly flat in the overnight session as traders scratched their heads trying to [...]

MBS woke up on the Positive side of the bed, being up 19 bps. Stocks gaining 46 points early. Core CPI m/m = 0.2 vs 0.2 f'cast [0.2 prev] Core CPI y/y = [...]

MBS are up 5 bps in the early hours of trading. Stocks are flat. A relief rally in Italian shares boosted risk appetite, while US equity futures pointed to a recovery on Wall [...]

Mortgage-backed securities (MBS) are down almost half a point early this morning. Bonds got spanked overnight despite a lack of overt motivations. Yields had risen more than 5bps by the open, but at [...]

MBS were down 39 bps on the AM, while stocks have lost 31.5 points. Fitch Ratings downgraded the U.S.'s credit rating from AAA to AA+, but this will have minimal negative impact. ADP [...]