Tuesday - October 15, 2024 UMBS were up 13 bps in early trading. Thank God it's green for once. Stocks up 1.25 points. Bonds moved into stronger territory over the 3 day weekend [...]
Wednesday - October 9, 2024 UMBS on the wrong side of up on the open. Down 6 bps. Stock futures down 3 points. Stocks are lower as the Federal Government considers an antitrust [...]
Tuesday - October 8, 2024 UMBS pretty flat on the open - up 2 bps. Stock futures up 21 points. Friday's NFP gave the bond market a solid whack, sending yields quickly higher. [...]
Thursday - October 3, 2024 UMBS opened down 15 bps. S&P futures down 7.8 points Bonds were already weaker overnight and saw a bit of extra selling at times following the Jobless Claims [...]
Tuesday - October 1, 2024 UMBS opened UP 13 bps on the morning. S&P futures down 3.75 points. Would have thought more. The following unconfirmed newswire is causing a flight to safety in [...]
Friday - September 27, 2024 Finally in the green! UMBS were up 9 bps in the first hour of trading. Stock futures up 2.75 points PCE inflation data only wishes it could be [...]
Monday - September 23, 2024 UMBS opened down 5 bps. S&P futures are up 8.25 points. Bonds were slightly weaker overnight with some additional selling in the opening hour. The S&P data has [...]
Wednesday - September 18, 2024 Mortgage Backed Securities opened down 19 bps this morning. Stocks flat too. ITS FED DAY!!! There are no new developments, headlines, or econ data driving the weakness. It [...]