MBS +8 this morning. Stocks flat Bonds started the overnight session trading mostly sideways, but rallied more noticeably when European trading started. Oddly enough, Treasuries held the gains even as European bonds retraced [...]
MBS up 13 bps. Stocks down 18. Long before Jobless Claims and Philly Fed hit the wires, producer price inflation data in Germany came in lower than expected, sparking a decent rally at [...]
MBS up 9 bps. Stocks flat. The construction data this morning is almost never a relevant market mover for bonds and today's installment isn't much of an exception. There was a slight amount [...]
MBS down 9 bps. Stocks flat. With the global financial market finally out of holiday weekend mode, US bond trading hasn't found any new inspiration for better or worse. Trading was almost perfectly [...]
MBS down 12 bps to start the week. Stocks down 30 points. Yields dropped modestly last night as Treasury trading got underway in Tokyo, but then held almost perfectly flat until hitting European [...]
Ouch. MBS down 37 bps this morning. It looks like it was wise for the bond market to play it safe by winding down the rally momentum yesterday because this jobs report doesn't [...]
MBS up 5 bps early ; Stocks pretty flat Bonds were sideways in Asia and then stronger in Europe. 10yr yields were at their lowest levels of the day (3.253) just after the [...]
Stocks & Bonds both down. MBS down 2 bps. Stocks down 12 pts Bonds were almost perfectly flat in the overnight session. 10yr yields and MBS were unchanged ahead of the 8:15am ADP [...]