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 [...]

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 [...]