In today's update on October 2nd, Mortgage-Backed Securities (UMBS) opened down 30 basis points, with S&P Futures down 7.25 points. The start of a new month and quarter saw a spike in 10-year [...]
In today's update on September 29th, Mortgage-Backed Securities (MBS) gained 16 basis points, with S&P futures up 30.25 points. European bonds strengthened due to low EU inflation and steep declines in German import [...]
In today's mortgage update on September 26th, Mortgage-Backed Securities (MBS) opened down 5 basis points. Treasury and European government bond yields dipped after reaching decade highs, while the Bloomberg dollar index remained stable. [...]
UMBS 6's are up 25 bps on the morning so far. S&P Futures up 14.75 It's been a fairly calm and decent trading morning, between the overnight and early domestic hours. Treasuries rallied [...]
Financial markets faced turbulence following the Federal Reserve's recent announcements. UMBS dropped significantly, with the 5.5% down by 33 bps and the 6.0% down by 40 bps. S&P futures also declined by 40.25 [...]
Solid start to Fed Day, with UMBS up 13 bps. S&P Futures up 16.5 points 2am ET brought inflation data for Germany and the UK. Both were cooler than expected. Due to base [...]
MBS are down another 17 bps on the open. S&P futures down 4.25 In addition to the housing starts data, Canadian inflation came in a bit hotter than expected at the headline level [...]
MBS starting the week pretty much flat. Bonds began the overnight session in moderately weaker territory, although it looked significantly weaker at times due to a market holiday in Japan. The problem was [...]