UMBS opened down 15 bps in the first hour of trading. S&P Futured up 13.75 Bonds began the day in slightly weaker territory and continued selling--somewhat abruptly--at the 8:20am CME open. There continue [...]
UMBS are up 5 bps on the open. Though down 6 bps from the highs on the day. S&P futures are up 23.5 points Last night was the first US Presidential Debate. I [...]
UMBS opened the day UP 10 bps. WooHoo. It's not a lot - but at least it's green. S&P Futures down 2.25 Jobless Claims = 233k vs 236k f'cast, [239k prev] Continued Claims [...]
UMBS have opened down 9 bps on the morning, so far. S&P Futures are flat. The absence of relevant bond market movers has been a theme all week. Wall Street's tech rally, led [...]
UMBS are flat on the morning. Which is actually a .08 improvement. Bonds had been moderately stronger overnight, following EU bonds on weaker EU PMI data. But obviously, US PMIs didn't follow suit. [...]
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WTMS Blog Today: What's Up in Mortgage Today - 06/17/24 UMBS started the week in the red, down 13 bps in the first hour of trading, while S&P futures dropped 3 points. Global [...]