UMBS up 9 bps on the open.  At least it's green.  S&P Futures up 12.75 Stocks were buoyed by earnings optimism as traders looked ahead to a busy week for company results. The [...]

UMBS opened up 27 bps.  S&P futures are up 35.75 points After yesterday's somewhat dire implications from quarterly data, today's monthly numbers are surprisingly in line with forecasts.  Quarterly numbers were 0.3% higher [...]

UMBS opened up 16 bps.   S&P futures up 13 points The S&P PMI data (previously "Markit") has increasingly been a tradeable event in the past few years and we have the latest example [...]

UMBs opened up 3 bps.  So, basically flat.  S&P futures up 28.5 It's no secret that a vast majority of bond market movement these days occurs in response to a small handful of [...]

Friday - April 19, 2024 UMBS opened pretty much flat - down 2 bps.  S&P futured down 7.25 pts, on tension between Israel and Iran. Existing Home Sales fell 4.3% in March to a seasonally [...]

UMBS were in the green for once this morning.  Up 23 bps on the open. In a departure from recent norms, the overnight session was somewhat constructive for bonds.  The gains weren't massive, [...]

C’mon!  UMBS are down 18 bps on the open - again! The selloff on Wall Street showed signs of abating even as investors grappled with the threat of higher-for-longer interest rates and an [...]

WTMS Blog Today = What's up in Mortgage Today - 04/14/24 > > > > In a startling market response, UMBS fell sharply by 42 basis points by mid-morning, reflecting investor concerns beyond [...]