UMBS have opened down 9 bps on the morning, so far. S&P Futures are flat. The absence of relevant bond market movers has been a theme all week. Wall Street's tech rally, led [...]
UMBS are flat on the morning. Which is actually a .08 improvement. Bonds had been moderately stronger overnight, following EU bonds on weaker EU PMI data. But obviously, US PMIs didn't follow suit. [...]
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WTMS Blog Today: What's Up in Mortgage Today - 06/17/24 UMBS started the week in the red, down 13 bps in the first hour of trading, while S&P futures dropped 3 points. Global [...]
Friday - June 14, 2024 UMBS are pretty much flat, as the Fed Week comes to a close. S&P futures are down 28 pts. So I guess the money has to go somewhere. [...]
2 green days in a row. I hope I don't jinx it. UMBS up 13 bps on the open. Both the PPI and Jobless Claims numbers are clearly in the "rate friendly" camp. [...]
Wednesday - June 12, 2024 Oh Glorious Day. UMBS are up 46 bps in the first hour of trading!! S&P Futures up 6.75 points Headline CPI MoM = 0 vs 0.1% forecast [0.3% [...]
