Friday - June 14, 2024 UMBS are pretty much flat, as the Fed Week comes to a close. S&P futures are down 28 pts.  So I guess the money has to go somewhere. [...]

2 green days in a row.  I hope I don't jinx it.  UMBS up 13 bps on the open. Both the PPI and Jobless Claims numbers are clearly in the "rate friendly" camp.  [...]

UMBS are actually green for once in the first hour.   Up 9 bps.  S&P futures down 12.25 points Investor demand for haven assets rose as political upheaval in Europe intensified, driving gains in [...]

UMBS opened the day down 8 bps. Stock futures down 4 pts. Stocks are lower this morning with no significant news, and both bonds and MBS are down. The upcoming week will be [...]

UMBS are down 8 bps on the open.  S&P Futures are pretty much flat. We've been anticipating this week of data for the past 3 weeks and it has been delivering on the [...]

UMBS opened the week up 25 bps in the first hour of trading.  S&P Futures up 7.75 points Bonds came into the domestic session in fairly good shape with modest overnight gains and [...]

A rare green morning for MBS.  Opened up 21 bps.  S&P Futures down 21.75 Not only are there no whammies in this morning's data, but the downward revision to the quarterly PCE data [...]