MBS up 9 bps on the day. Stocks up about 12. The week ahead will be dominated by the jobs report on Friday. We will also get ISM data and productivity. The Street [...]

The bond market faces challenges due to excessive economic growth. Gross domestic product rose higher than expected at 2.4% in Q2. Consumption and corporate spending contributed, while residential construction hindered GDP growth. Inventory [...]

MBS are down 20 bps on the morning. Though mostly due to illiquidity. Stocks flat. Bonds began the overnight session by losing ground in Asia. 10yr yields were as high as 3.857. Things [...]

MBS are up 14 bps this morning. Stocks up 12.67 It's a summertime Friday in the bond market, so anything can happen. Bonds could undertake a huge rally or sell-off without any clear [...]

MBS down 45 bps on the day. Stocks down 11.3 points as well. A lose-lose Bonds were already several bps into negative territory to start the day but are adding to the losses [...]

MBS up 16 bps on open. Stocks flat. Bonds rallied overnight due to a sharper rally in EU bonds. 10yr yields dropped to 3.743 before Retail Sales data and rallied slightly afterward. Pushback [...]

Stocks open flat after a week of historic gains as China's Q2 growth falls short of estimates. Banks downgrade China's growth forecasts, risking Beijing's GDP target. Yields decline due to lower inflation, but [...]

Proving that you can't win them all, MBS are down 30 bps on the morning. Stocks up 12 points. UMBS 5.5 coupons were just down nearly 3/8ths of a point. A split second [...]