UMBS flat on the open - down 3 bps. The big number this week will be the Personal Income and Outlays report on Thursday. The report contains the PCE Price Index, which is [...]
UMBS up 2 bps on the open. Futures on the S&P 500 and Nasdaq 100 are pointing to a down day when Wall Street reopens after Monday’s public holiday. Nvidia Corp. declined in [...]
UMBS down 33 bps on the open. Ouch. M/M Core PPI = 0.5 vs 0.1 f'cast [-0.1 prev] Y/Y Core PPI = 2.0 vs 1.6 f'cast, [1.8 prev] This is a huge miss [...]
UMBS were down 6 bps in early trading. Stock futures rose and bonds fell before a record $42 billion sale of 10-year Treasuries, with investors also awaiting a handful of Federal Reserve speakers [...]
UMBS were up 9 bps in early trading. Global bond markets steadied after the biggest two-day selloff in months, while stocks looked for direction amid mixed earnings. Investors continue to fret over the [...]
UMBS down 25 bps in early trading. The 5.5 coupon down 41. Powell told CBS Sunday that the central bank would be cautious about rate cuts and that the Fed was still searching [...]
UMBS were down 30 bps in the first hour of trading. Nonfarm Payrolls = 353k vs 180k f'cast last month revised to 333k from 216k Unemployment Rate = 3.7 vs 3.8 f'cast Earnings [...]