Monday - August 19, 2024 UMBS were down 3 bps in early trading. S&P futures are up 2.75 points. The week ahead will be dominated by Fed activity, with the July FOMC minutes [...]
UMBS are flat on the open. S&P stock futures down 19.5 Bonds were slightly stronger overnight, but have been selling steadily since the start of domestic trading. The latest dagger comes from the [...]
Wednesday - August 14, 2024 UMBS are up 6 bps on the morning. S&P Futures are down .75 points Bonds were a bit stronger before CPI and are paradoxically losing ground after the [...]
UMBS opened up in small green numbers. +4 bps in early trading. Stock futures are up 12 points. Everybody wins!! The week ahead will have some important inflation data with the consumer price [...]
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 [...]