What’s up in Mortgage Today – 1.9.23
Monday - January 9, 2023 UMBS up 19 bps early. 10y flat. Stocks extended global gains in risk assets, driven by China’s reopening trade and expectations of slower rate hikes. The dollar weakened [...]
Mortgage Market Week in Review – Week of 1.6.23
Monday - January 2, 2023 Tuesday - January 3, 2023 European bond markets rallied yesterday and again in the overnight session. Reports are showing that European inflation is moderating. This resulted in our [...]
What’s up in Mortgage Today – 1.5.22 & 1.6.22
Thursday - January 5, 2023 UMBS down .41 on the open. The big bad actor this morning is the stronger ADP employment report. Traders continue to wait for evidence of increased slack in [...]
What’s up in Mortgage Today – 1.4.23
Overnight bonds moved gradually lower as volume is coming back. Lower French inflation kicked off the rally in Europe. On the heels of German improvement yesterday. Also, US futures advanced with stocks as [...]
What’s up in Mortgage Today – 1.3.23
Tuesday - January 3, 2023 European bond markets rallied yesterday and again in the overnight session. Reports are showing that European inflation is moderating. This resulted in our Euro gains today. Treasuries weren't [...]