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 [...]
UMBS opened the day down 15 bps. S&P futures down 34.5 points. Bonds got hammered yesterday after a lousy bond auction of 5-year notes, which sent the 10 year yield back above 4.5% [...]
UMBS opened up 5 bps to start the week. S&P Futured up 5.5 points FHFA Home Prices = 0.1 vs 0.5 f'cast, [1.2 prev] Case Shiller Home Prices = 1.6 vs 0.9 prev [...]
Rough open for UMBS. Down 27 bps early. S&P futures down 9 points Yields were mostly flat overnight with a bit of volatility in sympathy to European bond market volatility, but the domestic [...]
UMBS down 11 bps in early trading. Stock futures down 9 pts US Treasuries slipped ahead of minutes from the Federal Reserve’s latest policy meeting that could provide more clues on when the [...]
UMBS opened down 8 bps in the first hour of trading. S&P Futures flat. Bonds were slightly stronger in the overnight session with the best levels seen right at midnight. Yields rose ahead [...]
UMBS are up 24 bps in the first hour of trading! I would say "3 days in a row", if I didn't want to jinx it. S&P Futures flat. CPI y/y rose 3.4%; [...]
UMBS opened up 14 bps after the first hour of trading. S&P futures pretty flat. Core m/m PPI = 0.5 vs 0.2 f'cast last month revised to -0.1 from +0.2 Annual core PPI [...]