What a great thing to wake up to! UMBS are up 64 bps! S&P futures were up 51.5 as well. It is an extreme testament to the gravity of this particular CPI report [...]
UMBS were down 14 bps on the open. Seems to be the standard answer lately. US equity futures pointed to a slightly weaker start for Wall Street, following two weeks of robust gains, [...]
UMBS are down 6 bps on the open. Stocks flat as well with S&P futures up 3.5 Bonds were weaker in the overnight session. As was the case on Tuesday, Treasuries were highly correlated [...]
UMBS 6.5 are up 44 bps early. Bonds were only modestly stronger overnight but are adding to the gains after the jobs report. While this is a miss, it isn't a huge miss, [...]
UMBS are up 39 bps - with S&P futures up 39.25 - after the first hour. Bonds were stronger in the overnight session with most of the gains arriving right at the start. [...]
Wow! Big open for bonds. UMBS up 59 bps. S&P futures down 12.25 ADP Employment = 113k vs 150k f'cast, 89k prev Treasury announced the 2nd phase of this week's details on increased [...]
UMBS starting the week down 11 bps - S&P futures up 24 - this morning. The uncommon combination of events and the market movement potential of this week is hard to overstate. Each [...]
UMBS are up on the day! Glorious. With current rate environment we are going to turn out attention to UMBS 6.5 coupons. They are up .38 on the morning. At first glance, a [...]