Wednesday - July 31, 2024 UMBS are in the green for early trading. Up 7 bps. Meanwhile stock futures are up 61 points. These aren't the biggest market movers, to be sure, but [...]
Monday - July 29, 2024 UMBS up 4 bps in early trading. Small number but at least it's green. Stocks up 24 points. The week ahead will be dominated by the FOMC meeting [...]
Friday - July 26, 2024 UMBS opened the day up 14 bps, in the first hour of trading. Perhaps it was the relatively low unrounded core m/m PCE figure (0.182 is a lot [...]
Thursday - July 25, 2024 UMBS are up 11 bps in early trading. S&P Futures down 14 points. The most problematic data this morning is in the quarterly GDP report (which includes a [...]
UMBS are up 8 bps on the open. Stock futures are down 49 points These PMIs from S&P Global are the day's most relevant market movers in terms of economic data. As always, [...]
Monday - July 22, 2024 UMBS are up 6 bps on the open. Stock futures up 30.5 points. US tech stocks were poised to rebound from their worst week since April as investors [...]
Friday - July 19, 2024 UMBS opened down 11 bps in the first hour of trading. Stocks futures are up 6.75 This week's bond rally hit a wall at the 3pm close on [...]
Wednesday - July 17, 2024 UMBS opened down 12 bps in the first hour of trading. S&P Futures down 56.25 Worries that US politicians are taking a harder stance on China and Taiwan [...]